Real test of Gemini hub and spoke model yet to come, says Maersk
Early signs may be positive for the Gemini Cooperation’s “hub and spoke” model, but head ...
In better news for ocean carriers, there seems to be emerging evidence that mid- and longer-term contract rates are firming up, post-Hanjin.
The Shanghai Containerized Freight Index (SCFI) did not publish today, due to the Chinese Golden Week national holiday, resulting in a temporary pause in visible spot rate volatility.
In the past two weeks, the Shanghai-Europe legs of SCFI gave back all of the 30-40% gains that followed Hanjin Shipping’s collapse on 31 August, to drive spot rates back down to $699 ...
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