Where will the freighters go as capacity shifts from tariff-hit China-US lane?
Cargo airlines are scrabbling to find new markets as capacity becomes available following the end ...
By Mike Wackett
K Line has received the 13,900 teu Milano Bridge, the first of five sister ships to be delivered this year from the Hiroshima yard of Japan’s Imabari Shipbuilding.
The container businesses of three Japanese carriers will merge on 1 April, but K Line, along with MOL and NYK, will still be taking delivery of vessels ordered prior to the decision to consolidate their traffic into Ocean Network Express (ONE).
According to the orderbooks, MOL has one 20,182 teu ULCV to be delivered this year, ...
Comment on this article
Andy Lane
January 23, 2018 at 2:31 pmMike, after the Maersk/P&ONL merger (Feb 2006) the aggregated market share fell by maybe 8%, which is not so uncommon. The Africa and Oceania trades suffered a bit due to the new huge market share, and some TransPacific was lost due to targeted pricing by competitors. Nothing really was lost due to operational transition.
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Albeit through different Customers, this was regained within a reasonable time frame.
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I think that ONE will fair better, as a lot of Japanese shippers will be loyal to what they are used to, but whatever volume might get lost, can be recovered in a multitude of different ways.