THEA 'plugs the gaps' as Gemini network preparations steam ahead
Ahead of the official departure of Hapag-Lloyd from THE Alliance next February, remaining partners ONE, ...
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY
Singapore-based Ocean Network Express (ONE) has reported that its 13,900 teu vessel Madrid Bridge suffered a stack collapse, with, according to latest reports, at least 30 containers lost overboard.
Cargo claims firm WK Webster reported: “It is not currently clear how extensive the collapse of stow is, but it is reported that the vessel lost at least 30 containers overboard.”
It is unclear what precipitated the stack collapse last Friday, but the vessel is continuing west to its destination, New York – AIS data from VesselsValue showing the ship steaming at 12 kts, some 2,500km from port.
Madrid Bridge operates on ONE’s East Coast 4 (EC4) service, and the company said: “Our immediate priorities are to ensure the safety of the crew, the vessel and the cargo on board. Delays to the vessel’s schedule are expected.”
ONE added that an investigation into the cause and extent of the accident had begun.
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