Box lines – billions ready to burn in market share fights
…rather than M&A
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
At the beginning of this year, some 281 containers were lost overboard off the Dutch coast from the ultra large container ship MSC Zoe, while it was en route from Sines to Bremerhaven. A criminal investigation in the district court of Amsterdam is currently underway, according to World Cargo News, but it also suggested that problems with the vessel’s “black box” are making the investigation difficult: “it has not been possible to make a correct reading of the ship’s Voyage Data Recorder, so it cannot be determined exactly when the ship’s captain first became aware the ship was losing containers, and thus whether there was a time lapse when he reported the incident to the coastguard authorities.”
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