Receive FREE Newsletter
Advanced Search
+

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

dreamstime_xs_122067442
© Kara77 |
By

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 ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

  • 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.

Related Stories

Topics

Alphaliner container lines coronavirus Feeder Lines Feeder operators VesselsValue