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...follow that line of conduct.”...
...ONE was formed in 2018 through the merger of the container businesses of Japan’s NYK Line, K Line and Mol. Container ships mostly carry manufactured goods in steel boxes....
...This has meant shipping lines have had to add port calls in some areas to drop off and pick up containers going to and from areas that are no longer on their direct route....
...Most large container shipping lines operating on the Asia-Europe route redirected traffic via the Cape of Good Hope, instead of the Suez Canal, following attacks by Iranian-backed Houthis....
...The Virgin Group owns 51 per cent of the airline, while the remaining 49 per cent is held by US carrier Delta Air Lines....
...The vessel is operated by Geneva-based Mediterranean Shipping Company, the world’s biggest container shipping line....
...The rise was driven by a doubling, from $1,667 on December 23 to $3,577 on January 5, in the cost of moving a container from Shanghai to Rotterdam....
...Atlantic Container Line, which operates roll-on-roll-off ships that carry finished vehicles, predicted that big car importers would have “a lot of trouble” finding spaces elsewhere on the eastern seaboard...
...A closure of these key thoroughfares would boost container demand by 1.5% and 7% respectively....
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...pond out of a discarded enamel bath (someone had punctured holes in a neat line halfway up its side — sadly, I only realised this after a day and a half’s digging to create the hole I was going to put the...
...But that route, which involves a ferry crossing of the Caspian Sea, takes longer than a container ship trip between China and Europe....
...But the disruption has been something of a gift to shipping lines. Danish containerline Maersk joined other groups and confirmed this week that transits along the route would pause....
...Spot rates for shipping containers were at that point above $20,000 a 40ft container....
...He anticipated most shipping lines would follow a “hybrid” approach, increasing speeds only to 15 or 16 knots....
...Burgeoning exports from China come as car-carrier operators, in contrast to container shipping lines, face a lack of capacity after scrapping a significant number of vessels during the pandemic....
...All are in the area currently unserved by most large container lines....
...Two of the world’s biggest container shipping lines have announced a new partnership, in a major reshaping of the industry’s commercial relationships....
...Vincent Clerc, chief executive of the world’s second-largest container line, said that large amounts of new ships due for delivery this year and next would saddle the sector with an excess capacity, hitting...
...Brrr brrr: it’s Jay-Z on the line. “You got the Super Bowl,” the rapper tells Usher. Yes! Perhaps the exultant star singer executes a neat spin and punches the air....
...Of the six other Chinese ports in Drewry’s top 10, five reported a rise in container throughput last year. Shenzhen remained flat with a slight 0.5 per cent drop to an annual 29.9mn TEUs....
...The sector has consolidated in recent years, partly because container shipping lines have sought to use the profits they made during the pandemic to buy logistics businesses and expand the scope of their...
...However, the challenges for car-carrier operators are fundamentally different from those for container lines because there was a global excess of container ships before the latest crisis....
...Denmark’s Maersk, the world’s second-biggest container shipping line, confirmed that it had chartered Dali....
...“A dedicated block exemption for shipping lines is no longer adapted to those new market conditions.”...
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