by Canadian Sailings | Oct 18, 2018 | Ocean, Ocean Carriers, Other, Supply Chain and Logistics
By Mike WackettA perfect storm of radical capacity cuts by carriers and U.S. president Donald Trump’s threat to hike tariffs on Chinese goods could see many more containerships laid-up, according to Alphaliner. Shipping association BIMCO warned that over a quarter of...
by Canadian Sailings | Oct 18, 2018 | Ocean, Ocean Carriers, Other
By Gavin van MarleThe first Maersk containership to complete the Polar sea passage from Asia to Europe via the North Pole – the so-called Northern Sea Route – arrived in St Petersburg on September 28. Venta Maersk, a 3,596 TEU ice-class vessel designed to operate the...
by Canadian Sailings | Oct 18, 2018 | Other
By Sam Whelan, Asia correspondentDoor-to-door cargo marketplace FreightCrate Technologies is the latest Indian start-up offering price transparency and booking automation to logistics. The platform connects shippers with 25 “vetted” forwarders for quotes and...
by Canadian Sailings | Oct 18, 2018 | Other
By Gavin van MarleDeclining returns on invested capital (ROIC) in the container port sector has led to fewer terminal projects and fears that capacity may become increasing limited. According to Neil Davidson, Director of Ports at analyst Drewry, while EBITDA levels...
by Canadian Sailings | Oct 18, 2018 | Other
By Mike WackettCMA CGM has shocked the market by reducing Asia-North Europe FAK rates at a time when most carriers are trying to drive them up. The French carrier published new FAK rates of $1,000 for a 20ft container and $1,800 for a 40ft. Valid from 24 September –...
