After three weeks of declines, the China to Europe and the Mediterranean spot rates rose this week, probably lifted by shippers trying to beat the rate increases coming on June 1.
Legislators’ recent interest in rewriting the Shipping Act of 1984 has been sparked by third-party suppliers’ fears of alliances having too much power.
Inland barges are facing long delays at the Rotterdam World Gateway Terminal.
Costamare is one of the leading charter ship owners, with a fleet of 72 vessels.
Hapag-Lloyd joins group of carriers that charge for refrigerated container gensets.
“This is an important strategic milestone and a big step forward for Hapag-Lloyd.”
“The first quarter was in line with our expectations.”
According to analysts, low freight demand, overcapacity, and the consequent tightening of profit margins has placed shipbuilding on a sort of hiatus, but it won't last.
The launch of the new BBC Euro-Gulf Express Line follows BBC’s addition this month of westbound capacity on its Mediterranean-America service.