Containerships in Lay-Up at Highest Level in 18 Months
By Mike Wackett, The Loadstar Some 90,000 teu of cellular capacity was consigned to lay-up in the past two weeks, taking redundant tonnage to its
The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.
By Mike Wackett, The Loadstar Some 90,000 teu of cellular capacity was consigned to lay-up in the past two weeks, taking redundant tonnage to its
By Gavin van Marle, The Loadstar LNG-fuelled containerships could offer operators considerable cost savings when the price of traditional fuel rises
By Gavin van Marle, The Loadstar Just how much money would container shipping lines be losing if it weren’t for the relentlessly steep decline in
Shippers, forwarders, shipping lines and container terminals “urgently” need to begin discussions over the practicalities of implementing the
By Rainbow Nelson in Cartagena Nicaragua’s ambitious plans to build a rival to the Panama Canal are likely to cost almost double the estimated $40bn,
By Gavin van Marle CMA CGM has confirmed that it has signed a series of agreements to for the fourth major deepsea container shipping alliance, Ocean Three,
The scale of the challenge facing Hapag-Lloyd’s management team overseeing the integration of CSAV has been underlined by new research from Alphaliner which
The ill winds of the winter blew in favour of the new UK container port at London Gateway, when several ships were diverted from Felixstowe to the DP World
By Mike Wackett There were 27 newbuild containerships delivered in July – the highest monthly number since June 2013 and bringing the total so far this year
By Mike Wackett, UK-based containership owner Global Ship Lease (GSL) has revealed it has contracted revenue of $900m in long-term charters on 15 of its fleet
By Mike Wackett, With the usual aversion to publicity relating to its fleet, Mediterranean Shipping Company, the world’s second-biggest ocean carrier,
In the view of transport consultant Drewry, the Chinese regulators’ veto of the P3 Network last week is likely to hamper the much-needed stabilisation of the
In preparation for its container business merging into a “new” Hapag-Lloyd this year, troubled Chilean carrier CSAV is restructuring its liner business,
The extent of the decline in containership time charter hire rates in the past 10 years has been highlighted again with the sub-let of a trio of surplus
By Mike Wackett The number of laid-up containerships has fallen to a 30-month low, according to Alphaliner, which recorded just 146 ships of over 500teu idled
By Mike Wackett, Against the continued toxic mix of oversupply and weak demand, cash-strapped ocean carriers are being forced to consider every creative
By Mike Wackett Bigger and bigger ships operating at slower and slower speeds across the tradelanes of the world are testament to the single-minded desire of
By Gavin van Marle There is absolutely no sign that the overcapacity in container shipping is going to improve any time soon, according to a leading industry
By Mike Wackett Germany’s Hapag-Lloyd’s financial performance in 2013 fell “well short” of expectations, with the ocean carrier reporting a €97.4m
By Mike Wackett Hong Kong-based OOIL saw its net profit slashed by 84% in 2013, compared with the previous year, to $47m as the influx of ultra-large
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