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Friday, July 3, 2020
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Tag: Maersk Line

Shipping giants keep pushing up rates across the globe

Major shipping lines are continuing to increase rates in various regions, as part of their capacity management measures that have seen a squeeze on...

Challenging Asian market sees additional service cancellations

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

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

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...

European lines serve up more Q3 service cancellations

Maersk and Hapag-Lloyd have announced additional void sailings in the third quarter as the disruption caused by the Covid-19 crisis continues into the second...

Major carriers to boost July rates

The largest shipping lines have announced new changes in their rating policy across the world from 1 July. Maersk Line, MSC, CMA CGM and...

Demand plunge forces industry leaders to prolong service suspensions

German carrier Hapag-Lloyd and the 2M Alliance of Maersk and MSC have decided to prolong temporary suspensions of some of their services as demand...

Major lines continue to update schedules and surcharges

Hapag-Lloyd has published an additional void sailing due to the low demand caused by the Covid-19 downturn, with THE Alliance's transatlantic AL1 cancelling the...

Updated: Maersk to build methanol powered vessel

Maersk Line will build a container vessel powered on sustainable methanol as part of the proof of concept for the US$4.4 billion green fuels...

European senior lines unveil new June rates

Hapag-Lloyd has announced the following ocean tariff rates for all cargoes in 20’ and 40’ containers, including high cube boxes, on the westbound trade...

Updated: Maersk continues to cancel sailings across the globe

Due to market demand reductions globally caused by the Covid-19 pandemic, Maersk is continuing to moderate its schedule. The Danish liner company line will,...
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Crew kidnapped off Benin

Five crew members including the Captain have been kidnapped from a Pacific International Lines (PIL) vessel 150 miles southwest of Cotonou Benin. The attack occurred...

Reduced costs boost STC profits

As Covid-19 continues to disrupt markets around the world, ocean carriers are reducing capacity and sailing speeds. With sailing options reduced, especially on Asia-Europe...

Foolhardy forecasts and trading places

Even as some 21 states postpone the roll back on plans to ease their lockdown regimes and the International Maritime Fund (IMF) has revised...

Shipping giants keep pushing up rates across the globe

Major shipping lines are continuing to increase rates in various regions, as part of their capacity management measures that have seen a squeeze on...