Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk Line appears to have temporarily abandoned its strategy of maintaining capacity at no more ...
© Darryl Brooks
By Mike Wackett
Zim, the fastest-growing ocean carrier in the past six months, is now heading in the opposite direction and has agreed a series of charter off-hires and sub-lets to reduce its exposure to the challenging market.
Indeed, a broker contact told The Loadstar recently he was seeing “a flood” of sub-lets hitting the containership charter market, as carriers endeavoured to cut costs in a continuing soft demand market.
Zim tops Alphaliner’s half-year capacity changes table with fleet growth of 13.3% since January, narrowly ...
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