OceanX: Big ships & legends, live from Hong Kong
Bits and pieces
The impact of global warming and the continuous retreat of Arctic Sea ice has opened up a potential new box shipping route between Asia and Europe that could chop at least one-third off of transit times for time-sensitive goods.
With Chinese state-owned carrier Cosco known to be eyeing a new container service after successfully using the Northern Sea Route (NSR) for heavylift cargo in the past few years, Maersk has jumped ahead of the pack to become the first to use the NSR for a container shipment.
The ice-strengthened 3,600 teu Venta Maersk will sail from Vladivostok in eastern Russia this week with a cargo of frozen fish, en route for St Petersburg, accompanied by a Russian nuclear-powered icebreaker.
Maersk says it has “no plans” to run liner services on the route, which is currently only navigable two to three months a year, but with experts predicating that the polar region will see a further thinning of the ice cap, the Danish company has decided to put the first containerised toe into the cold water.
B: China, Brazil strike deal to ditch dollar for trade
Container shipping can see ‘green shoots’ of freight demand recovery
Maersk 'on a journey' as it snaps up frozen foods logistics specialist
ONE becomes joint-owner of Seaspan Corp in $11bn takeover
DB Schenker sale – storm clouds gathering
Shippers pushed towards spot rates as contract negotiations stall
AirBridgeCargo to relaunch with Russian aircraft, amid legal wrangles
Marshall Islands in urgent talks with carriers after cargo is stranded by ban
Winning the race to 2026: Kuehne vs DSV vs DHL Global Forwarding
Ceva reorg accelerates as rumours give way to action
Shippers reject carriers' opposition to ending anti-trust rules
Comment on this article