Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
Maersk CEO Soren Skou has said he does not expect to see large autonomous ships operating in his lifetime. Mr Skou, 53, told Bloomberg that “even if the technology advances, I don’t expect we will be allowed to sail around with 400-metre long containerships, weighing 200,000 tonnes without any human beings on board.” The line said it had cut crew sizes already as much as possible, and that it sees little cost benefit in further reductions.
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