Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
A Florida shipper has issued a complaint against Maersk and its subsidiary, Hamburg Süd, that includes a failure to meet contractual obligations and “retaliation and collusion” to manipulate the market.
The complaint raised with the US Federal Maritime Commission (FMC) on 9 November is by furniture importer OJ Commerce, which says the carriers failed to address the alleged contract breaches.
It said Maersk then retaliated by refusing to negotiate a new contract, which left the shipper unable to negotiate with other lines, ...
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
European port congestion now at five-to-six days, and getting worse
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Threat to airport operations as India revokes security clearance for handler Çelebi
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Comment on this article