Container lines still ordering more ships, despite falling spot rates
Liner operators and non-operating shipowners have continued to add to their already swollen orderbooks, despite ...
© Dan Henson, Dreamstime
A few weeks ago CMA CGM announced that it had developed specialised container for transporting live lobsters caught in the Canadian waters of Nova Scotia to the food markets of Europe, thus making air freight redundant. It is not the first time a shipping line has tried to capture a market that has always been in the hands of airlines. Around six years ago, Maersk tried much the same, but little came of it as the volumes remained small and the technology was in its formative stages. However, this Bloomberg article charts how specialist container shipping is becoming increasingly the norm as carriers look for profitable niche business.
Comment on this article