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Container market stability and reliability need to be restored says ESPO

Container News Team - February 2, 2021 0

The European Sea Ports Organisation (ESPO) stresses the importance of restoring the stability in the market, increasing the schedule reliability, as well as guaranteeing...

The Weekly MABUX Bunker Index

Pfizer potential coronavirus vaccine pushes up bunker prices

Container News Team - November 12, 2020 0

Oil and fuel prices rose this week after Pfizer announced that its vaccine would be more than 90% effective for the coronavirus, according to...

The Weekly MABUX Bunker Index

Coronavirus development determines fuel price trend

Container News Team - September 24, 2020 0

The market is assessing the stalled recovery in fuel demand as countries continue to battle the coronavirus pandemic with rolling Covid-19 lockdowns. This has created...

Most Visited - Newsletter

OOCL proceeds with mega-vessels order despite the pandemic challenges

Container News Team - August 24, 2020 0

Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will proceed with its March order of five 23,000TEU container...

News

Covid-19 cluster emerges at HK’s Kwai Tsing Container Terminal

n.savvides - August 17, 2020 0

Hong Kong's Centre for Health Protection (CHP) has identified a growing Covid-19 cluster in Hong Kong's Kwai Tsing Container Terminal, with many of the...

News

Covid-19 to have long-term industry impact, says Hapag-Lloyd CEO

Container News Team - August 14, 2020 0

The economic repercussions of the Covid-19 pandemic in many parts of the world will continue to dominate for some time, according to Hapag-Lloyd, as...

News

Allianz expects pandemic to result in rise in machinery issues

n.savvides - July 15, 2020 0

Maintenance issues and cargo fires are among the most significant risks for cargo vessels in this period of the pandemic, according to insurance company...

Rates & Surcharges

Building resilience is key to securing future supply chains

n.savvides - July 14, 2020 0

As the initial jolt of the global pandemic subsides and businesses begin to analyse how they coped with economic shocks created by Covid-19, Maersk...

Blank Sailings

Challenging Asian market sees additional service cancellations

Container News Team - July 1, 2020 0

Maersk has decided to implement new blank sailings due to market demand reductions in Far East Asia, Indian Subcontinent and Pakistan caused by the...

Blank Sailings

Erratic rate discipline undermined the lines in 2011, can they hold their nerve in 2020?

Container News Team - June 24, 2020 0

A senior analyst believes that the crucial test for the carriers will come when the battle against the Covid-19 virus has turned in the...

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