Moody’s Cuts Maersk’s Credit Rating Amid Fears for Box Shipping Sector
By Mike Wackett (The Loadstar) – Maersk has had its credit rating cut by ratings agency Moody’s to one grade above junk, with the agency concerned
The Loadstar is an independent, United Kingdom based, supply chain and logistics publication covering freight forwarding, air cargo, ocean shipping, ports, and international trade policy. gCaptain republishes select Loadstar coverage under content partnership terms when stories are materially relevant to maritime and offshore readers. Loadstar stories on gCaptain are clearly attributed and may be edited for house style, formatting, and headline clarity while preserving source reporting.
By Mike Wackett (The Loadstar) – Maersk has had its credit rating cut by ratings agency Moody’s to one grade above junk, with the agency concerned
By Gavin van Marle – DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance
By Mike Wackett (The Loadstar) – BIMCO, the world’s largest shipping association, is finalising a cyber security clause for charter party
By Mike Wackett (The Loadstar) – The Ocean Network Express (ONE) management “underestimated the initial launch resource requirement” in April,
By Mike Wackett (The Loadstar) – In the last 30 days, 23 container vessels have been sold for scrap – nearly half the number sent to breakers’
By Mike Wackett (The Loadstar) – Hapag-Lloyd has belatedly joined the rush to install scrubber technology on its container vessels, ahead of the IMO 2020
By Sam Whelan, Asia correspondent (The Loadstar) – The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for
By Alex Lennane (The Loadstar) – Shipping lines from each of the alliances have formed an association in a bid to develop “digitalisation,
By Gavin van Marle in Panama (The Loadstar) – Following a strong year in terms of growth in vessel transits, the Panama Canal Authority is once more
By Alex Lennane (The Loadstar) – Protectionist trade policies are continuing to spook the global maritime sector, although a newly released report
By Alex Lennane (The Loadstar) – Tuesday’s announcement that five shipping lines and four terminal operators are to form a consortium to develop a
By Mike Wackett (The Loadstar) – CMA CGM Group, which includes ocean carrier APL, has raised its emergency bunker surcharge (EBS) to $100 per teu
By Gavin van Marle (The Loadstar) – The EU should end the block exemption against forming consortia the liner shipping industry currently enjoys, says a
By Mike Wackett (The Loadstar) – Sluggish growth, combined with the delivery of more ultra-large container vessels (ULCVs) in the past month, has widened
By Alexander Whiteman (The Loadstar) – Mandatory speed limits could be shipping lines’ best hope of achieving the IMO’s 2030 emissions reduction
By Alexander Whiteman (The Loadstar) – The International Maritime Organization (IMO) will today decide whether to ban the carriage of high-sulphur
By Gavin van Marle (The Loadstar) – Transpacific volumes handled by CMA CGM soared this year as shippers abandoned the major Japanese carriers after the
By Mike Wackett (The Loadstar) – Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, as it
By Mike Wackett (The Loadstar) – OOCL plans to begin the switch to low-sulphur fuel for its fleet of around 100 container vessels during the second half
By Sam Whelan, Asia Correspondent (The Loadstar) – The US-China trade war has seemed “positive” for transpacific shipping lines, so far, with
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