Maersk CEO: Global trade will never reach pre-crisis heights
A.P. Moller–Maersk Group’s chief executive has warned that global trade will never return to pre-crisis growth levels, citing western companies ...
Tag: shipping
Drewry: reliability in decline as 2014 drew to a close
Containership reliability declined for the second month in a row in December, according to Drewry’s latest Carrier Performance Insight report. The ...
US West Coast delays hurting reliability
Congestion issues at US west coast ports contributed to lower on-time containership reliability in November, according to Drewry’s new Carrier Performance ...
Hamburg Süd enters East-West trade through UASC co-operation
German shipping company Hamburg Süd has entered the east-west trade through signing a “global co-operation agreement” with United Arab Shipping ...
Shipping lines – ‘We’re happy to pay for low-sulphur emissions, just make sure we all pay’
New regulations which will restrict ships’ sulphur emissions to 0.1% in Northern Europe and North America are only a few ...
Merger and acquisition activity on the rise
Mergers and takeovers are increasing in the container shipping arena, according to industry consultant, Drewry. The company reports that following ...
Shippers switch to expensive air freight due to US port congestion
Research into current US West Coast port congestion by maritime advisory company, Drewry, indicates that shippers are paying high prices ...
CMA CGM acquires OPDR
The French shipping line CMA CGM has announced the acquisition of the German short-sea shipping operator Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), owned ...
First of CSCL’s new 19,000 teu ships named
The first of China Shipping Container Lines’ (CSCL) five 19,000 teu capacity vessels, which will depose Maersk’s Triple-E class ships ...
Larger vessels putting pressure on the container industry
A presentation by maritime consultancy, Drewry, at Intermodal Europe in Rotterdam last week revealed the increased financial and logistics pressures ...
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