Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Container shipping lines are looking for a hike in Asia-Europe spot freight rates, announcing a ...
…and Singapore-based Pacific International Lines (PIL) – a target worth up to $4.5bn, based on my estimates – could well be the next ocean carrier moving the consolidation needle, as I recently argued.
While Israel’s ZIM Integrated Shipping Services flirts with technology and, indirectly, with its Danish partner in the 2M Alliance, Maersk, my recent PIL coverage had a trade source strongly questioning whether China’s Cosco Shipping Holdings could actually be the most reliable and likely buyer for PIL.
As a reminder, the ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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