News / Cash-rich container lines look to squeeze out feeder operators

09/09/2021

Ocean carriers are squeezing their feeder service providers from both sides: firstly by refusing to entertain contract rate increases, and secondly by turning the heads of shipowners with offers of employment for their vessels.

While most line contracts with commercial feeder operators run until the year-end ...

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gunther ginckels
September 09, 2021 at 2:29 pm
Deja Vu. When they have the volumes to justify own feederships than fine to charter or own. If not – meaning on low-volumes corridors – they will have to book it with the existing feederoperators. And than history will repeat itself – feederoperators unable to meet their bunker en port cost obligations, vessels arrested in remote ports and cargo owners once again victims of the bottomless lemonsquezing of the Big-5.

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