Maersk paying $100,000 a day to charter scarce post-panamax box ships
Maersk Line is being forced to pay a premium to secure scarce chartered tonnage for ...
South Korea’s largest tyre-maker, Hankook, has signed a three-year shipping contract with German mainline operator Hapag-Lloyd to ensure sufficient shipping capacity, even as other shippers seem ambivalent about being locked into current freight rates.
Neither Hankook nor Hapag-Lloyd disclosed the shipping routes covered, citing business confidentiality.
The pair have had a business relationship for around 20 years, the liner operator handling a major proportion of the tyre-maker’s exports. Hankook said it decided on signing a contract with Hapag-Lloyd because of difficulties in ...
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