Peter Tirschwell

Peter Tirschwell, IHS Maritime & Trade senior content officer, is a prominent thought-leader in maritime transportation with more than 20 years as journalist and business leader at The Journal of Commerce.

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Recent industry comments suggest carriers are being cautious in ordering new capacity — new ship orders are down substantially versus 2015 — and also will be cautious on capacity as alliances roll out their service networks. This is leading a number of observers to suggest that the container market gradually may be returning to equilibrium.

More from Peter Tirschwell

Global container shipping will never be the same after this year. The industry many of us have spent a career toiling away within, is gone. Or at least aspects of it are — the names, the companies,...
With no turnaround for container shipping in the foreseeable future, the three largest Japanese shipping companies are merging.
Anxiety over the staying power of container lines after the Hanjin Shipping collapse is thick among beneficial cargo owners, vendors, and the container lines.
No one disputes no-show containers are a major industry challenge. The question is, how can it get resolved?
There are no negative consequences to the shipper for its container missing a ship. For the ocean carrier, the costs are huge.
There are no negative consequences to the shipper for its container missing a ship. For the ocean carrier, the costs are huge.
The failure of Hanjin Shipping has raised profound questions regarding the risks of ocean container transportation in corporate boardrooms throughout the world.
Hapag-Lloyd is considering offering premium services to shippers such as first-box-off or voyage-specific space guarantees.
Data point to NVOs as a group being clearly more nervous about Hanjin than BCOs were in the months leading up to the collapse of Hanjin Shipping. This would make sense because being close to the...
Any shipper that depends on container transportation must be looking with great concern at developments in this extraordinary year of 2016.