Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM.
Shippers benefit as transportation rates expected to stay low.
Anyone up for some ‘Texas Chicken’? Maybe not anymore as pilots request one-way traffic on busiest shipping hub in North America.
The sale of Gioia Tauro, the last remaining major transhipment hub to be operated by an independent terminal company in the Mediterranean, has been agreed today and is now subject to regulatory approval.
Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than two years of talks to acquire the facility in the coming weeks.
Industry lobbyists and research group present opposing views on whether the alliance structure of ocean carriers has worked.
Big ships come to U.S. even as backhaul cargoes still lacking, and truckers deal with terminal shut-outs and chassis imbalances.
Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.
Capacity additions set to have knock-on effect for trades into North America; Australia’s port strike to cause Pacific Rim ripples.
Auto parts imports could take a hit as vehicle sales slow; Japan makes its own play for African port supremacy.
Zim and the 2M Alliance have signed a secind vessel sharing agreement in the trans-Pacific and Asia-Europe trades. The deal significantly boosts Zim’s service offerings while 2M says the new deal offers mutual benefits and efficiencies.
MSC has started the process of informing cargo owners that their containers were lost in last week’s storm that saw more than 250 containers lost from the mega-container ship MSC Zoe. However, the company is still analysing what caused the stacks to collapse
World’s largest container lines plan to look at emerging technologies as new options come to the market.
Ocean carriers guiding expectations on rates as one of the biggest changes to shipping set to hit in 2020.
