Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
The G6 Alliance is to phase out troubled ocean carrier Hyundai Merchant Marine’s (HMM) ships from its joint services on the Asia-North Europe tradelane and replace them with vessels from other partners.
According to Alphaliner, the decision to drop the ships from the route is a “pre-emptive move” to avoid “potential operational disruptions” as a consequence of the South Korean company’s financial restructuring.
Although it appears increasingly unlikely that any ships would be arrested by owners – the line will shortly announce it ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Houthis tell Trump they will end attacks on Red Sea shipping
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
Comment on this article