Unifeeder Expands Footprint with Feedertech Acquisition

By Mike Wackett (The Loadstar) Unifeeder has expanded its global reach and closed the gap on market leader X-Press with its acquisition of a majority stake in Singapore-based feeder and shortsea operator Feedertech Group. DP World-owned Unifeeder will buy a 77% stake in Feedertech, with the Singapore registered company’s chairman, Ali Maghami, retaining the remaining … [Read more...]

Carriers Must Train Crews for IMO 2020 or Risk Criminality, Warns Seafarer Union

By Gavin van Marle (The Loadstar) - Seafarer representatives are increasingly worried that the forthcoming IMO 2020 low-sulphur regulations could result in a spate of criminal convictions. Seafarer union Nautilus International said a recent case involving a P&O Cruises vessel in the North Europe special emission control area (SEVA), which extends from the Channel to the … [Read more...]

European Commissions Set to Extend Liner Shipping Consortia Exemption by Four Years

By Gavin van Marle (The Loadstar) - The European Commission has indicated it is set to extend liner shipping’s consortia exemption from its antitrust regulations. The Block Exemption Regulation (BER) container shipping lines have enjoyed since April 2014 was set to expire next April, and in the run-up to the deadline, the EC has been holding consultations with industry … [Read more...]

MSC Noses Toward Top Liner Ranking After Poaching Star Maersk Exec

By Mike Wackett (The Loadstar) - Maersk’s cuts in capital expenditure, including its decision not to order new vessels in the next two years, will clear the way for MSC to take over as the top-ranked ocean carrier, according to Alphaliner, And The Loadstar’s sources suggested that this “profit over market share” strategy by the Danish transport group may have contributed to … [Read more...]

Trade War Rocks Transpacific Trade

By Gavin van Marle (The Loadstar) - The lack of developments on negotiations between China and the US on tariffs is expected to contribute to the first full-year decline in volumes on the headhaul eastbound transpacific trade since the global financial crisis. The last time the trade saw volumes decline was in 2009, in the wake of the collapse of Lehman Brothers and when … [Read more...]