Asia and Africa soak up new shipping capacity as US trades tread water
More than half of the new containership capacity added to global markets in the past ...
Photo: Hapag-Lloyd.
By Alison Koo
Hapag-Lloyd is to withdraw its China-Germany express service (CGX) in February, as the German mainline operator allays concerns that the new Gemini Cooperation has enough vessels to commence operations.
Gemini, an alliance between Maersk Line and Hapag-Lloyd, began taking bookings for all its services last Tuesday, ...
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