Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Zim is pulling its ships out of the Asia-Australasia trades and joining a vessel-sharing agreement (VSA) with MSC.
The news comes after the Haifa-based carrier posted a $213m second-quarter net loss and reaffirmed its expectations of an ebit loss of up to $500m for the year.
“The ...
Keep our news independent, by supporting The Loadstar
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Red Sea crisis has driven most new capacity into extended Asia-Europe trades
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Four crew members still missing as Wan Hai 503 continues to burn
Crew forced to abandon ship in latest fire on vessel carrying EVs
The Loadstar Podcast | Transport Logistic and Air Cargo Europe 2025
Asia-West Africa ULCV deployment opens new markets for carriers
Comment on this article
DAVID MITCHELL
August 24, 2023 at 9:43 pmAsia-Oceania rather than Asia-Australasia, New Zealanders do not resonate with being labeled as “Australasia”…