Surplus tonnage cascading a threat to smaller box ships
Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
There’s an interesting concept coming out of Norway. As salmon farms struggle to cope with an outbreak of sea lice, there’s a plan afoot to buy cheap panamax containerships – of which there are many available – and build a farm on board. While this article doesn’t mention whether the ship would also be used to distribute the salmon, it apparently will cost half the price of building a conventional salmon farm. Meanwhile, Chile, the second-largest salmon exporter, has been affected by an algae bloom and global salmon production is expected to fall 7% this year.
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