Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
Maersk is leading the way in laying-up surplus tonnage while demand remains weak across the main east-west tradelanes, but the carrier could leave itself exposed to aggressive market share grabs by rivals.
According to an Alphaliner survey, Maersk tops the ocean carrier idle tonnage rankings, with 29 ships with a capacity of 281,400 teu, in lay-up, including 17 of more than 7,500 teu.
Maersk is followed by its 2M partner, MSC, which has 13 vessels idled with a capacity of 119,000 teu, ...
European port congestion now at five-to-six days, and getting worse
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Comment on this article
Rajeev Kathuria
March 22, 2023 at 2:06 pmIt would be idle that instead of weekly sailing ,they make 10 days sailing & do Slow Steaming to counter this sluggish demand