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Hapag-Lloyd attempts to avoid a ‘messy’ IMO 2020, unveiling its ‘fairer’ MFR

by Canadian Sailings | Dec 12, 2018 | Ocean, Ocean Carriers, Other

By Mike WackettHapag-Lloyd has rolled out its plans for recovering the extra cost of compliance with IMO’s 0.5 per cent sulphur cap for shipping, which comes into force in less than 15 months. It no doubt hopes its proposals will be better received by customers than...

Freight Management Association elects new Chair and Vice-Chair

by Canadian Sailings | Dec 12, 2018 | Other

Following the Freight Management Association of Canada (FMA) Annual General Meeting in Toronto on October 15, the Board of Directors elected Gary Fast, Vice-President Transportation Canadian Tire, as Chair of the Association and Kleo Landucci, Chief Commercial &...

China-U.S. trade war brings box carriers a bonus – but 2019 looks less promising

by Canadian Sailings | Dec 12, 2018 | Other

By Sam Whelan, Asia correspondentThe U.S.-China trade war has seemed “positive” for transpacific shipping lines, so far, with importers rushing to beat tariff deadlines. But there is growing concern that a prolonged dispute would leave shippers with question marks on...

Anger in Europe as state subsidies for South Korean carrier HMM soar

by Canadian Sailings | Dec 12, 2018 | Ocean, Ocean Carriers, Other

By Mike WackettState-owned Korea Ocean Business Corporation (KOBC) has, reportedly, signed off on some W6.15trn ($5.4 billion) of new funding for the country’s biggest ocean carrier, Hyundai Merchant Marine (HMM) – but much of this cash will be needed to cover...

Hapag-Lloyd orders 8,600 new reefer containers from Maersk Container Industry

by Canadian Sailings | Dec 12, 2018 | Other

By Gavin van MarleHapag-Lloyd has placed an order for 8,600 Star Cool reefer containers, 2,000 of which will be controlled atmosphere (CA) units, with Maersk Container Industry (MCI). The order follows an August announcement from Hapag-Lloyd that it would be adding...
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