Stock sinks, losses mount and guidance weighs heavy for Zim
Israeli container carrier Zim today reported a full-year 2023 net loss of $2.69bn, including a ...
According to today’s Splash247, the scrabble for empty containers in export loading locations has grown so acute that MSC is sending two 23,000 teu-plus vessels from Asia to the US west coast to deliver thousands of empty boxes urgently required by North America exporters. The transpacific 2M services, onto which the ULCVs have been deployed, would normally operate 13,000 teu ships. “In a few weeks, America will catch a glimpse of a boxship in excess of 20,000 teu for the first time as drastic measures are put in place around the world to reposition containers in the wake of the coronavirus that has stifled supply chains.”
Carriers still need another 400,000 teu to maintain services
CMA CGM commits to no job cuts for a year, following Bolloré deal
Transpacific freight rates – it’s all about 'who blinks first'
Hapag-Lloyd in choppy water as volatile market sinks profits
Stock sinks, losses mount and guidance weighs heavy for Zim
Rate hikes eclipse Red Sea diversion costs, boosting carrier profits
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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