The emergence of four large alliances among the world's largest container shipping lines is creating a two-tier market that could doom smaller carriers to hanging on to niche trades or going out of business.
15 Sep 2014
New global alliances of container ship lines could produce a retaliatory surge in large-ship orders by competitors in 2016-2018, according to a research report by Bank of America Merrill Lynch analysts.
14 Sep 2014
Container freight rates will stabilize and may trend upward over the next few years despite the existing overcapacity of vessel space because of the expansion of existing carrier alliances and the creation of new ones, according to Rolf Habben Jansen, CEO of Hapag-Lloyd.
13 Sep 2014
A new carrier alliance entered the fray this week after weeks of feverish speculation.
10 Sep 2014
Container lines in coming years will continue to order larger ships and switch membership in vessel-sharing alliances in a desperate game of survival...
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
25 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
13 Aug 2014
Following up on an announcement last week by DP World that it is not accepting U.S.-bound rail cargo at its Vancouver, British Columbia, terminal, Hapag-Lloyd advised customers that two voyages this week will discharge containers at U.S. West Coast ports.
01 Aug 2014
The G6 Alliance is performing abysmally compared with its competitors when it comes to schedule reliability, according to a new SeaIntel report.
21 Jul 2014
China’s rejection of the P3 alliance dealt a blow to the idea of a mega-alliance, but the aftermath has paved the way for a variety of smaller vessel-sharing agreements to enter the market.
09 Jul 2014
West Coast ports can breathe a sigh of relief after the rejection of the P3 Network by China’s Ministry of Commerce — a single operational entity won’t have the huge leverage they feared in negotiations over port calls and terminal charges.