‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity
By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers
gCaptain’s full coverage of the global container shipping industry.
By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers
By Jonathan Saul LONDON, June 21 (Reuters) – Denmark’s Maersk Line is fighting to remain the world’s no.1 container shipping carrier as a
By Mike Wackett (The Loadstar) – The first post-panamax containerships are on their way from Asia to the US east coast on enhanced services going via the
By Adam Minter (Bloomberg View) — In December, the quarter-mile-long Benjamin Franklin became the largest cargo ship ever to dock at a U.S. port. Five
French shipping group CMA CGM has upped its stake in Singapore-listed rival NOL to 78% after NOL’s majority shareholder unloaded its shares as
By Jonathan Saul ATHENS, June 10 (Reuters) – Hong Kong’s crucial shipping trade is hoping China’s overseas infrastructure plan and closer
By Nikita Mathur and Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, fell the most in three
LONDON, June 2 (Reuters) – The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company’s merger
By Mike Wackett (The Loadstar) – Maersk Line’s aggressive growth strategy in the first three months of this year was a contributing factor in the 23%
PARIS, May 20 (Reuters) – France’s CMA CGM, the world’s third-largest container shipping firm, reported a first-quarter net loss on Friday
By Mike Wackett (The Loadstar) – “Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on plans
By Chris Bryant (Bloomberg) — Airlines long ago cottoned on to the fact that being part of an alliance could save them money and help them offer
By Jonathan Saul and Vera Eckert LONDON/FRANKFURT, May 13 (Reuters) – German container shipping firm Hapag-Lloyd has formed a new alliance with five
Some of the world’s largest (free agent) container shipping companies are set to unveil a new global shipping alliance to rival the existing 2M and
By Mike Wackett (The Loadstar) – Despite Maersk Line’s better-than-expected $37m first-quarter net profit, Drewry today reiterated its view that ocean
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s biggest container carrier that’s part of the Hanjin Group, said it will work with
By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG is in talks with United Arab Shipping Co. on a possible combination of their container businesses,
By Mike Wackett (The Loadstar) – Ocean carriers CMA CGM, COSCO Container Lines, Evergreen and OOCL have signed a Memorandum of Understanding to form a
By Brenda Goh and Gus Trompiz SHANGHAI/PARIS, April 20 (Reuters) – China COSCO Shipping and France’s CMA CGM sought to reinforce their growing
By Mike Wackett, (The Loadstar) – The shock waves from the collapse of a top-20 container line such as Hyundai Merchant Marine (HMM) could be the
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