OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
When China’s export-driven economy opened up, Danish shipping giant Maersk was one of the first carriers on the scene, intensely lobbying for business opportunities in the country. Now, faced with flat-lining demand in Europe, the carrier is predicting the rise of the Chinese consumer as the next phase of the country’s development and is looking to target exporters from the West and elsewhere who are gearing up to serve them.
Ocean rates ex-Asia under pressure, while PSSs return to the transatlantic
Maersk 'takes a risk' binning historic and well-liked brands
Capacity control by the biggest carriers will prevent rates tumbling further
Shipper sues Expeditors for losses due to lack of business plan after cyber-attack
Bullish MSC continues to strengthen its fleet for life after the 2M
DHL leads freighter exodus from MEX as government ban looms
More blank sailings and detours as ONE’s volumes, earnings, fall
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