'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Hapag-Lloyd has formally declared general average on its fire-stricken Yantian Express.
A fire broke out in a container stowed on the 7,500 teu vessel en route to the Canadian port of Halifax early this month, which spread to other boxes while heavy weather rendered the crew’s fire-fighting efforts fruitless, forcing them to abandon ship.
Ocean-going tugs have spent the subsequent weeks trying to bring the fire under control and the vessel is currently under tow, headed for Bahamas Freeport.
The 2002-built, 320-metre vessel ...
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'More pronounced' demand slump drives container spot freight rate declines
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