News in Brief Podcast | Week 7 | Tariff pandemonium and port congestion
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
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, ...
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Near-shoring drives Mexican warehouse space to historic lows
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
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