CMA CGM in bio-methane deal; seafarers unconcerned by toxic ammonia fuel
There are two events of note in the fuel business today: CMA CGM has signed ...
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
SeaIntelligence Consulting’s Lars Jensen has penned a very illuminating column in today’s Splash247, investigating how the tie-ups between Maersk, CMA CGM and Zim with Chinese e-commerce giant Alibaba is actually supposed to work. Alibaba’s OnTouch freight booking platform offers Chinese shippers a rebate scheme on shipments booked on its platform. Given the tie-ups with the three carriers, these shipments are then directed onto their vessels, which on the face of it appears to be a win-win. However, Mr Jensen also cautions that as OneTouch volumes grow so too will its power, to the likely disadvantage of shipping lines.
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