The G6 Alliance unveiled plans to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk Line, Mediterranean Shipping Co. and CMA CGM.
Hyundai Merchant Marine
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
20 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
09 Oct 2013
Members of the G6 Alliance have withdrawn eight Asia-to-Europe sailings, effective from late October 2013 to February 2014, in response to expected low demand during the winter season.
16 Sep 2013
Capital Product Partners, a Greece-based tanker owner, has acquired three more container ships for $195 million.
06 Sep 2013
Hyundai Merchant Marine has opened a new off dock container yard in Qingdao, China.
05 Sep 2013
Members of the G6 Alliance have canceled two voyages scheduled for early October, as a result of vessel maintenance and a national holiday week in China.
04 Sep 2013
Hyundai Merchant Marine said it expects to return to profitability after a long interval of operating losses.
27 Aug 2013
Drewry Maritime Research is taking a negative view of the outlook for publically traded Korean container shipping lines.
16 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August, September and October.
05 Aug 2013
The members of the G6 Alliance will modify their trade route between the Far East and the Black Sea or east Mediterranean, starting week 36.