The G6 Alliance is taking steps to counter the planned P3 Network in a battle for east-west dominance.
05 Dec 2013
The majority of public comments sent to the Federal Maritime Commission regarding the proposed P3 Network were supportive of the vessel-sharing alliance among the world’s three largest global container lines.
03 Dec 2013
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.
25 Nov 2013
The largest ocean carriers sharply increased their market share at the expense of their smaller rivals in the third quarter, according to Drewry Maritime Research.
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.
13 Nov 2013
Conventional wisdom and economic logic, it seems, are two ideals shipping lines operating in the world’s largest ocean trade really don’t care to acknowledge. How else to explain Asia-Europe carriers’ attempt to push through steep rate increases amid cargo growth that’s advancing at a snail’s pace, a persistent glut of capacity and increasingly volatile spot pricing — and doing it during the traditionally weak fourth quarter that followed a second consecutive flat peak season?
23 Oct 2013
It sounds elementary: An exporter in an interior location needs empty containers.
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
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Members of the G6 Alliance have withdrawn eight Asia-to-Europe sailings, effective from late October 2013 to February 2014, in response to expected low demand during the winter season.
08 Oct 2013
OOCL has christened a 13,208-TEU vessel on Geoje Island in South Korea.
27 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.