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ESC: European Exporters to Monitor Current Developments in Container Shipping

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April 6, 2017 The European Shippers’ Council (ESC) Board of Directors has decided to set up a temporary observer group comprised of representatives of European exporters to monitor closely the situation related to the capacity crunch in container shipping. The group will analyze the changes in capacity, the time of delays, and the fluctuation of […]

Alphaliner: Asia-Europe Trade to See Further Rate Turmoil

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March 15, 2017 The Asia-Europe trade route is bound to experience further rate turmoil during 2017 as carriers from three new alliances are set to phase additional vessel capacity into the trade starting from April, according to Alphaliner. The three new alliances, including 2M-HMM/HS, OCEAN and THE Alliance, will provide 17 weekly strings between Asia […]

Clarksons: Liner Shipping among More Consolidated Sectors

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February 13, 2017 Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure in the industry, the sector is still not that consolidated, according to Clarksons Research. On the basis of start 2017, this fairly fragmented shipping industry counted 88,892 ships in the world fleet, which were […]

Drewry: Orphaned Carriers Will Have to Find New Partners

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April 25, 2016 The formation of the Ocean Alliance by CMA CGM, COSCO Container Lines, Evergreen Line and OOCL means that carriers who have been left out of the major alliances will have to act quickly to remain competitive on the market either through mergers or finding new partners. Shipping consultancy Drewry expects that by […]