Wednesday, June 25, 2025
Home CN Premium Articles Newbuilding frenzy effects greater than Suez Canal restoration

Newbuilding frenzy effects greater than Suez Canal restoration

Maersk has warned that the reopening of the Suez Canal could cause a meltdown as schedules falter, but this would likely be a temporary effect, with ships heading around the Cape meeting vessels in Europe that had transited the canal.

Scheduling challenges will occur, but more serious are the effects of the oversupply of capacity that shipping lines have seemingly failed to address.

 


 

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!

 


Mary Anne Evans
Correspondent at Large





Latest Posts

Top 1 Best Assignment Writing Service, 100% USA ENL Writers

Many college and graduate students ask, where can I get someone to pay for assignment help? Well, I have done a thorough review of...

Hanseatic Global Terminals to rebrand SAAM Operations in Latin America

Hanseatic Global Terminals (HGT) announced  that its subsidiary, SAAM Terminals, will officially rebrand under the HGT name effective 1 August 2025. As part of this...

Fire-ravaged Morning Midas sinks under tow

Morning Midas, the car carrier that caught fire on 3 June, sank in the Pacific Ocean in the afternoon (UK time) on 23 June, while the...

Port Houston posts steady growth in May

Port Houston recorded another month of steady performance in May 2025, handling 381,640 TEUs, marking a 5% year-over-year increase. Year-to-date, the port has processed 1,837,813...

Kalmar appoints new Senior Vice President in Human Resources

Kalmar Corporation has announced the appointment of Hanna Reijonen as Senior Vice President, Human Resources, effective 6 October 2025. She will also join the Kalmar...
error: Content is protected !!