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Container shipping alliance landscape: Dominant OCEAN Alliance extension leaves THE Alliance stranded

The extension of cooperation among OCEAN Alliance partners has established a framework for the operation of major container lines in the coming years. As CMA...

How long can Maersk investors tolerate below-par performance, wonders Linerlytica

Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed...

80% of all container ships on Suez route divert to Cape of Good Hope

The number of container vessels that have re-routed via the Cape of Good Hope due to the Red Sea crisis has risen to 354...

Carriers set for major blanking programme

Hong Kong consultancy Linerlytica suggests that the carriers are struggling to achieve the General Rate Increases (GRIs) that they have supposedly imposed amongst the...

Demolition to stay in the doldrums

Any expectation that capacity will be removed from the market over the coming year is being scotched by market analysts who say that the...

Analyst says Maersk rate cutting behind Q3 losses

Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk...

Panama Canal limits fail to halt rate slide as box lines up capacity

The Panama Canal transit restrictions have not stopped carriers from adding 20% of incremental capacity on the Asia-US East Coast route since the end...

CMA CGM halts Mediterranean service as rates sink

CMA CGM’s new Asia-Mediterranean service has fallen victim to falling freight rates, after just six sailings. The French carrier has suspended its newly launched Turkey-Libya...

Transpacific rates rise on Canadian port strike

Transpacific container rates went up again when the Shanghai Containerized Freight Index (SCFI) closed on 14 July, as congestion built up in the US...

Ocean Shipping Reform Act won’t alleviate issues in container shipping: industry players

Shippers and market observers have expressed scepticism at the passing of the Ocean Shipping Reform Act (OSRA) by the US House of Representatives on...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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