Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
27 Jan 2014
Major container lines hope to increase rates in multiple trade lanes in February, March and April, although any hikes achieved may be temporary.
23 Jan 2014
The merger of Hapag-Lloyd and CSAV would be “a step in the right direction” for the container shipping industry, but the pending marriage of the sixth and 20th largest container lines, respectively, won’t dampen the competitive nature of the market in the long-term, according to Jefferies shipping analyst Johnson Leung.
22 Jan 2014
Hapag-Lloyd and CSAV have signed a memorandum of understanding regarding a possible merger of their container shipping liner services, taking merger talks “into the next phase.”
15 Jan 2014
The U.S. Federal Maritime Commission today requested more information from the G6 Alliance of ocean carriers on their plans to share vessel space and cooperate more closely on trade routes between Asia and the U.S. West Coast and between Europe and the U.S. East Coast.
13 Jan 2014
Hapag-Lloyd is closing in on a deal to take over CSAV, which would create the world’s fourth largest ocean carrier, according to a German language newspaper.
10 Jan 2014
Major container lines hope to implement rate increases in a variety of trades in January and February, despite signs that any hikes achieved may be fleeting.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
27 Dec 2013
What follows are our picks for the top 10 stories of 2013. Do you agree? Disagree?
27 Dec 2013
Hapag-Lloyd’s chairman is urging the German carrier’s domestic rival Hamburg Süd to join its merger talks with CSAV, the Chilean container line.
23 Dec 2013
Hapag-Lloyd and CSAV have much to gain by joining forces, but the German and Chilean ocean carriers will face difficulties striking a financial deal, according to Drewry Maritime Research.