Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
First off: strategic talk about MSC’s complex towage deal with Boluda* in Spain is the real thing. Then there is new, undisclosed, US-targeted rumoured deal-making aimed “at cutting costs”, according to sources, and shoring up falling container shipping margins.
These aspects have emerged with a vengeance over the weekend but haven’t overshadowed the Ceva deal chatter in our circles.
(*More soon. Currently, neither MSC nor Boluda have yet officially disclosed a tie-up reportedly worth €1.5bn… the combo did the rounds, the value undisclosed, in our Premium circles a ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article