Carriers react quickly to transpac demand surge, but rates remain muted
Container spot freight rates on the transpacific continued to trend upwards this week, albeit at ...
Maersk Line’s decision last week to lay-up one of its 18,000 teu flagships is “good news for the industry”, Drewry Maritime Advisors said today.
Other ocean carriers are likely to follow the market leader and mothball more surplus ships, .
The move to idle the Triple-E vessel followed a profit warning from the Maersk group which lowered its full-year profit forecast for the container division by $600m to “around $1.6bn. It blamed freight rates which “significantly deteriorated”, especially on its main Asia-Europe ...
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