Ocean Network Express
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News
Q&A: Standardizing supply chain data exchange for ocean transport
Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.
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American Shipper
ONE giant leap — 1,432% profit gain
Ocean Network Express says the “economic environment is now changing” and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects…
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American Shipper
12 HMM container ships’ sticker price $1.57 billion
The South Korean ocean carrier says the newbuilds will provide the “capacity and flexibility” to serve its shippers.
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American Shipper
Hapag-Lloyd orders 6 more 23,500-TEU ships at cost of $852M
Hapag-Lloyd now will add 12 23,500-TEU container ships to its fleet beginning in 2023.
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Maritime
Top 10 liners control 85% of market — and they’re not done yet
Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.
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American Shipper
Fire-damaged container ship being towed to Port of Oakland
There have been no reported injuries, pollution or cargo losses aboard the vessel deployed on a ONE Atlantic service.
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American Shipper
HMM Nuri slated to transit Suez Canal on maiden voyage
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
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News
Alabama State Port Authority’s growth story transcends geographical luck
More and more beneficial cargo owners (BCOs) are moving manufacturing and warehousing to Alabama.
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American Shipper
Ocean carriers take heat for profiting ‘so handsomely’ while service plunged
AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while…
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American Shipper
HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
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