Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, ...
Having tabled a $6.3bn bid for OOCL, it seems Cosco has not ended its shopping spree. Splash 24/7 reports that senior management at the Chinese shipping line is “studying” merger and acquisition opportunities amid a revival in the sector. And the carrier’s managing director, Liu Gang, claims Cosco has cash reserves in the region of $973m that it will use towards these purchases.
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HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
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