Zim scales up its box ship fleet to challenge its liner rivals
Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
This intriguing new phase of terminal alliances appears to be gathering steam rather quickly. Drewry’s Neil Davidson has been talking about it for a number of months, and the recent deal signed between two Miami operators is a first example. But the memorandum of understanding signed between CMA CGM’s Terminal Holding and Cosco Shipping Ports (as the unit formerly known as Cocos Pacific has been renamed) could well be paradigm-forming, given the obvious synergies from two alliance partners teaming. Although it will mean some interesting decisions will need to made – which terminal, for example, will be the priority in Rotterdam, where CAM CGM holds a stake in the Rotterdam World Gateway and Cosco owns part of the Euromax terminal?
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