Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
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SeaIntelligence Consulting’s Lars Jensen has penned a very illuminating column in today’s Splash247, investigating how the tie-ups between Maersk, CMA CGM and Zim with Chinese e-commerce giant Alibaba is actually supposed to work. Alibaba’s OnTouch freight booking platform offers Chinese shippers a rebate scheme on shipments booked on its platform. Given the tie-ups with the three carriers, these shipments are then directed onto their vessels, which on the face of it appears to be a win-win. However, Mr Jensen also ...
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