|
||||||
|
Maersk and rivals such as Hapag-Lloyd and CMA CGM lost money last year as high fuel costs exacerbated a price war. In addition to raising freight rates in response, they pooled or idled ships and reduced speeds to curb vessel supply. The decline in the index indicates those price increases are reversing as ships [...] 
June 2011: Container ship Deneb in Algeciras: A review after this incident found that 16 containers on the ship’s load list had actual weights far in excess of the declared weights, by as much 6.7 times the declared weight. The International Association of Ports and Harbors (IAPH) has joined with the World Shipping Council (WSC), [...] Crew management of the Maersk Gateshead has been contracted out, as has the management of several other Maersk ships. Maersk has said it will shift more management functions from Europe to Asia in order to save money. AP Moller-Maersk is contracting out the full crew management of six Maersk Line containerships to Norwegian shipmanager [...] Spot freight rates on the trans-Pacific and Asia-Europe trade lanes may not recover to sustainable levels from their three-month long slide until the peak season demand in the third quarter of this year, according to BIMCO, the independent shipping association in Copenhagen. BIMCO said in a bulletin issued Thursday that carriers should consider idling some [...] |
 |
|||||
|
© 2013 Longshore & Shipping News, Coast Longshore Division, International Longshore and Warehouse Union, - All Rights Reserved Powered by WordPress & Atahualpa |
||||||
