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 ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
This could possibly be one of the most important design developments in the history of container shipping – the creation of a vessel that does away with its diesel engine, replacing it with a combined gas and steam (COGAS) turbine, electrically driven and powered by LNG. The joint-research project, involving ship classification society DNV GL, French container line CMA CGM and LNG specialist GTT, concluded that “the space normally occupied by a conventional engine room can be used to increase cargo capacity by approximately 300 container slots compared to a heavy fuel oil-fuelled ship”. While more container slots is the last thing the industry needs at the moment, one of the first thing it does need is better environmental performance, which LNG solves at a stroke.
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