by Canadian Sailings Admin | Jun 3, 2022 | Mike Wackett, Other Stories
Containership charter rates and second-hand values are heading for a correction according to a broker source, after sector records were broken again in January. February’s Horizon containerships report, from Maritime Strategies International (MSI), recorded daily hire...
by Canadian Sailings Admin | Jun 3, 2022 | Mike Wackett, Other Stories
Japanese ocean carrier ONE has reported a record net profit of $16.8 billion for its financial year ending 31 March – but for the full-year 2022, its outlook is beset with uncertainties. Overall, liftings were flat, at 12.1 million TEUs, mainly due to port congestion...
by Canadian Sailings Admin | Jun 3, 2022 | Nick Savvides, Other Stories
MSC, as part of the 2M Alliance, is to launch a rail-river export service for Ukrainian cargo in the Odessa region heading to Constanta in Romania, for onward connections to global destinations. Speaking exclusively to The Loadstar, Odessa-based consultancy Informall...
by Canadian Sailings Admin | Jun 3, 2022 | Mike Wackett, Other Stories
Israeli ocean carrier Zim says it has agreed a charter with non-operating containership owner MPC Container Ships (MPCC) and investment managers MPC Capital for up to six newbuild 5,500 TEU wide-beamed vessels for seven years periods. Since its formation in 2017,...
by Canadian Sailings Admin | Jun 3, 2022 | Nick Savvides, Other Stories
Weaponized logistics bottlenecks and blockades could precipitate widespread food shortages in countries in Asia and Africa, if food cannot be transported from Ukrainian silos, according to logistics experts in the country. Following Russia’s invasion on 24 February,...
by Canadian Sailings Admin | Jun 3, 2022 | Mike Wackett, Other Stories
Ocean carriers are set to smash all previous earnings records in the first quarter, and are on course for colossal 2022 full-year profits of $300 billion – but growth predictions are being pared back, due to weaker demand. Indeed, despite the booming carrier market,...
