Strong secondhand box ship market now threatened by overcapacity
Unexpectedly strong demand for container shipping and healthy freight rates for much of last year ...
Ocean Alliance members CMA CGM, Cosco, OOCL and Evergreen will launch their Day 7 Product network adjustments on 1 January, instead of 1 April, which they say is to coincide with the introduction of the new IMO 2023 ship efficiency regulations.
At first glance, there does not appear to be significant adjustment to the network, other than rotation changes – although, for example, the phasing-in of OOCL’s 24,000 teu newbuilds next year to replace smaller tonnage will spike the VSA’s total ...
Price war as carriers compete for cargo driving down container spot rates
Up to $1.5m fee for every Chinese-built box ship calling at a US port
Airfreight rates rising gently as ecommerce giants eye new tradelanes
Carriers warn of cargo disruption due to strikes at Munich Airport
Maersk Saltoro delay may mean multi-million dollar claims for cherry shippers
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Expeditors CEO out, 'fresh blood in' – and another top exec change expected
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