by CanadianSailings | Apr 27, 2016 | Business and Economy, Ocean, Ocean Carriers, Other
By Mike Wackett The aggressive targeting by container lines of the MPV (multipurpose vessel) market with “rock bottom” rates is set to continue, according to Drewry. In its recently published Multipurpose Shipping Market Review and Forecast 2016, the shipping...
by CanadianSailings | Apr 27, 2016 | Business and Economy, Ocean, Ocean Carriers, Other, Shipbuilding and Repair
By Mike Wackett If losses continue and ocean carriers persist in focusing only on reducing costs rather than improving revenue per TEU, the container liner industry “could get very ugly” in the second half of the year, said Drewry on April 4. Most carriers operated in...
by CanadianSailings | Apr 27, 2016 | Business and Economy, Ocean, Ocean Carriers, Other
By Mike Wackett The Suez Canal Authority (SCA) has reacted to the increasing number of backhaul voyages being routed to Asia via the Cape of Good Hope by offering cheaper tariffs. The reduction in transit fees follows reports that over 100 cargo vessels have chosen...
by CanadianSailings | Apr 27, 2016 | Business and Economy, Ocean, Ocean Carriers, Other
By Gavin van Marle Contracted container shipping rates on the Asia-North Europe trade have probably reached rock bottom, according to forwarders operating on the trade and freight rate analyst Xeneta. Xeneta Managing Director Patrick Berglund presented a freight rate...
by CanadianSailings | Apr 27, 2016 | Other
Thunder Bay Port Authority hosted its annual Opening of Navigation Luncheon marking the opening of the shipping season in the port of Thunder Bay. The Luncheon featured a presentation from a leader in marine logistics solutions on the Great Lakes, Blair McKeil,...
