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Container lines on track for US$15bn pandemic windfall

n.savvides - September 16, 2020 0

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...

News

Rate climb mirrors carrier capacity management

n.savvides - September 2, 2020 0

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

Most Visited - Newsletter

HMM sees profit as Transpacific builds on peak season demand

n.savvides - August 12, 2020 0

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...

Services

Wan Hai goes solo on Pacific trades

n.savvides - August 3, 2020 0

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...

News

Over aggressive capacity cuts, but rates still rising

n.savvides - July 28, 2020 0

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...

News

Economic indicators ease as Hapag increases Asia-Europe capacity

n.savvides - July 21, 2020 0

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...

Most Visited - Newsletter

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

n.savvides - June 30, 2020 0

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...

News

Lines turn a crisis into a buck

n.savvides - June 22, 2020 0

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...

Most Visited - Newsletter

HMM Oslo heads for Europe with a full load

n.savvides - June 1, 2020 0

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,...

News

Updated: Feeling for the bottom of the recession

n.savvides - May 22, 2020 0

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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Berg Propulsion powers MPCC feeder vessels with bio-methanol optimization

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Berg Propulsion powers MPCC feeder vessels with bio-methanol optimization

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Atlantic Forwarding, Atlantic Gate unite under one brand

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