Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Times were when Geneva-headquartered MSC was painfully media-shy and unwilling to comment on good news stories, let alone any bad news. Indeed, the carrier’s amazing 45-years of entirely organic growth from having a few elderly containerships to becoming the world’s second-biggest container line continued to confound its critics who said it must up its game, embrace journalists and, moreover, do a better job of profiling itself.
And now, with its partnership in the 2M alliance with Maersk – the industry’s most transparent and media-friendly shipping group – MSC has clearly decided that there might be something to gain in PR after all. In fact MSC is loudly blowing its own trumpet withthe ‘largest container ship ever built ’– the 19,224 teu MSC Oscar – on its maiden call at North European ports. And there are even reports that it has made its first ever appointment of a PR director.
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