Surplus tonnage cascading a threat to smaller box ships
Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb ...
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.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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