CEO Caesar Luikenaar: a few growing pains as WEC Lines eyes new horizons
Dutch shipowner WEC Lines is undergoing “open heart surgery” in its goal to combine shipping ...
A lack of orders for smaller containerships over the past few years, with operators focused on large vessels, is attracting new investors into the secondhand market.
Hamburg-based asset and investment manager MPC Capital said it had already raised $100m in equity to acquire a fleet of feeder (1,000-2,000 teu) and feedermax (2,000-3,000 teu) vessels this year.
A new company, MPC Container Ships, has been formed and group subsidiaries Ahrenkiel Steamship and Contchart will provide technical and commercial management services.
MPC said that, “based on the ...
Transpacific sees first major MSC blanks as rates fall and volumes falter
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Shippers snap up airfreight capacity to US ahead of tariff deadline
White House confirms automotive tariffs – 'a disaster for the industry'
New price hikes may slow ocean spot rate slide – but for how long?
Supply chain delays expected after earthquake hits Myanmar
Tighter EU import requirements proving 'a challenge' for forwarders
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
Comment on this article