OOIL sees record profits but expects challenges until H2 'at the earliest'
Orient Overseas (International) (OOIL) said the load factors on its OOCL container arm’s network “show ...
Container ships seem to be getting larger and larger. The CSCL Globe, Maersk’s Triple-Es and the MSC Oscar are more than three times bigger than the typical 6,000teu vessel from 20 years ago. Does this rapid development mean ships will continue to get larger? Perhaps not, as there is a limit to how big a ship can get. The limitations are determined by the size and depth of the major global harbors, by how tidal waves will be impacted by the arrival of such huge vessels, and by the architecture of the world’s trade arteries – the Suez and Panama canals.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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