by Canadian Sailings | Oct 15, 2017 | Other
By Mike Wackett MSC and Hapag-Lloyd are launching a new Mediterranean-east coast South America service next month, as part of the enforced restructuring of services resulting from Maersk’s acquisition of Hamburg Süd. The joint weekly service will call at Valencia,...
by Canadian Sailings | Oct 15, 2017 | Other
By Gavin van Marle Hapag-Lloyd is buying 7,700 new reefer containers, with part of the order seemingly with Maersk’s reefer manufacturing subsidiary, Maersk Container Industry (MCI). The German carrier said 1,000 units would be manufactured at a facility in the...
by Canadian Sailings | Oct 15, 2017 | Ocean, Ocean Carriers, Other
By Mike Wackett Container lines operating Asia-Europe services will cumulatively cancel no less than 14 sailings early in October, in a bid to compensate for the expected dip in demand after the Chinese Golden Week holiday and the beginning of the traditional slack...
by Canadian Sailings | Oct 15, 2017 | Ocean, Ocean Carriers, Other
By Mike Wackett Analysts have raised concerns over another bout of overcapacity, following the latest orders for ULCVs, by CMA CGM and MSC. These orders are on top of the expected delivery over the next two years of 21 ULCVs for Cosco and 11 for Evergreen.MSC’s eleven...
by Canadian Sailings | Oct 15, 2017 | Ocean, Ocean Carriers, Other
By Sam Whelan, Asia correspondent Hub-and-spoke feeder calls have fallen “drastically” following this year’s deep-sea container carrier alliance reshuffle. According to X-Press Feeders’ Chief Executive, Tristan Howitt, ocean freight rates and volumes have shot up in...
