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Tuesday, September 22, 2020
Tags Sea-Intelligence

Tag: Sea-Intelligence

Container lines on track for US$15bn pandemic windfall

Runaway freight rates in the second and third quarters have had analysts scrambling to re-write doomsayer forecasts published as recently as June to predict...

Rate climb mirrors carrier capacity management

Headhaul spot rates on the Pacific mirrored the capacity management by the lines with the rates climbing as the capacity on the trade reached...

HMM sees profit as Transpacific builds on peak season demand

Profits on considerably lower volumes are the trend in this pandemic blighted year. But South Korea’s serial underachievers at HMM, normally the onion in...

Wan Hai goes solo on Pacific trades

Wan Hai Lines is now offering a solo Far East-US West Coast service after Pacific International Lines (PIL) withdrew from the Transpacific trade. The China...

Over aggressive capacity cuts, but rates still rising

Service demand has increased, 7.2% year-on-year on the Transpacific trade routes, but the reinstatement of capacity into the trade is less about demand and...

Economic indicators ease as Hapag increases Asia-Europe capacity

In some positive economic news the shipbroker Braemar Shipping reported that China’s economy, which saw a severe decline in the first quarter, returned to...

Shippers are right, services are getting worse says Sea-Intelligence

Last week the European Shippers Council (ESC)’s Jordi Espin complained that shippers were paying more for a worse service, this week Sea-Intelligence has shown...

Lines turn a crisis into a buck

Carriers are set to enjoy a US$9 billion bonanza as a result of their successful capacity management programme throughout the pandemic period, which is...

HMM Oslo heads for Europe with a full load

HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full,...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...
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LNG-powered container ship enhances CMA CGM’s fleet

The largest LNG-powered container ship in the world, CMA CGM Jacques Saade has joined CMA CGM Group's fleet. The new flagship of the Marseille-based shipping...

Konecranes secures automation service contract in Indonesia

Konecranes has announced a key contract in the delivery of automated port equipment services with the Kuala Tanjung Multipurpose Terminal (KTMT) in Indonesia. The two...

Antwerp digitalises its container release processes

Port of Antwerp has introduced a new digital, secure and integrated solution for the release of containers, named "Certified Pick up" (CPu), which will...

Government-backed JV to restructure Antong Holdings

Quanzhou Municipal Government has formed a joint venture, with Chinese state-owned entities, China Merchants Port Holdings (CMPH) and AVIC Trust, to restructure the financially...