Maersk eyes 'cut and run' moves as port congestion brings delays
*Edited at 10:45am on 12 February to include a response from PSA Singapore and Maersk* Maersk ...
Secondary services have suffered as ocean carriers redeployed tonnage to more lucrative Asia-Europe and Asia-to-US tradelanes.
However, with port congestion on those major routes sucking in so much of their capacity, carriers are starting to reassess their networks for better opportunities.
Moreover, the blank sailings and unreliable services on other trades within their networks have opened the door for challenger operators to take market share from the established carriers.
Indeed, the VSA partnership of ONE and Hapag-Lloyd has reacted to shipper pressure to ...
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