Ocean 3 peak season service suspension ‘unprecedented’ but may set a precedent
A surprise decision by the Ocean Three alliance to withdraw one of its four Asia-North Europe strings for three months at the start of the traditional peak season is an “unprecedented” move, said...
View ArticleAPL membership of G6 box shipping alliance expected to continue through 2016
The G6 is likely to continue in its present form for at least another 12 months, despite the likely shake-up of the container shipping alliance structure in the wake of CMA CGM’s takeover of APL....
View ArticleBuyers ignore GRIs and Asia-Europe spot prices tumble again in run-up to CNY
General rate increases (GRIs) announced by Asia-Europe carriers for today have failed to arrest the decline in spot rates, which plunged this week by 21% for North Europe and by 15% for the...
View ArticleBoxlines China Shipping, UASC and CMA CGM ready to launch the CUC Alliance
One of the more predictable developments in container shipping appears to be on the cusp of happening – the creation of a new alliance involving China Shipping, United Arab Shipping Co and CMA CGM. It...
View ArticleOcean Three unveils Asia-Europe and transpacific services. Transatlantic is next
CMA CGM has confirmed that it has signed a series of agreements to for the fourth major deepsea container shipping alliance, Ocean Three, with China Shipping and Dubai-headquartered UASC. In a long...
View ArticleIs Ocean Three the final piece in the container lines mega-alliance jigsaw?
The mega-alliance rankings should determine the foundation for success, or will other factors play a role? The long-anticipated announcement last week of the marriage of convenience between ocean...
View ArticleDeal with UASC connects Hamburg Sud with a global shipping network at last
The surprising announcement last week of a “global co-operation agreement” between United Arab Shipping Co (USAC) and Hamburg Sud, so soon after the inking of the Ocean Three east-west trade alliance...
View Article‘Go global or go home’ the message to niche lines following HS-UASC alliance
“The message is clear,” said Drewry in its weekly container analysis this morning. “The mantra for expansionist carriers now seems to be go global or go home.”, The central argument is that, for...
View ArticleOcean Three schedules
This new alliance makes a lot of sense from the group’s composition perspective. One line from each of the very important regions of Europe, Middle East and Asia will be represented. Each one will...
View ArticleHapag-Lloyd to impose post-CNY rate hikes as blanked sailings slow the pace...
Hapag-Lloyd today announced a new general rate increase (GRI) of $900 per teu on headhaul westbound Asia-North Europe and Asia-Mediterranean shipments for 1 March. The line also scheduled a...
View ArticleContainer shipping shake-up as CMA CGM, China Cosco, OOCL and Evergreen plan...
Newly-merged Chinese ocean carriers Cosco and CSCL, together with Evergreen, OOCL and CMA CGM are set to form a new east-west mega-alliance. According to Alphaliner, the new grouping would challenge...
View ArticleEC clears CMA CGM bid to buy APL, but it must withdraw carrier from G6 alliance
The European Commission’s competition directorate has cleared CMA CGM’s acquisition of Singapore line APL and its parent company, NOL – with the proviso that it withdraws APL from the G6 alliance....
View Article2M takes advantage of lull in competition to revamp services for faster...
Faster transit times and improved reliability will be the key battlegrounds for alliances on the Asia-Europe trades when the four groupings become three next April. According to Drewry, last week’s...
View ArticleDeal with UASC connects Hamburg Sud with a global shipping network at last
The surprising announcement last week of a “global co-operation agreement” between United Arab Shipping Co (USAC) and Hamburg Sud, so soon after the inking of the Ocean Three east-west trade alliance...
View Article‘Go global or go home’ the message to niche lines following HS-UASC alliance
“The message is clear,” said Drewry in its weekly container analysis this morning. “The mantra for expansionist carriers now seems to be go global or go home.”, The central argument is that, for...
View ArticleOcean Three schedules
This new alliance makes a lot of sense from the group’s composition perspective. One line from each of the very important regions of Europe, Middle East and Asia will be represented. Each one will...
View ArticleOcean 3 peak season service suspension ‘unprecedented’ but may set a precedent
A surprise decision by the Ocean Three alliance to withdraw one of its four Asia-North Europe strings for three months at the start of the traditional peak season is an “unprecedented” move, said...
View ArticleAPL membership of G6 box shipping alliance expected to continue through 2016
The G6 is likely to continue in its present form for at least another 12 months, despite the likely shake-up of the container shipping alliance structure in the wake of CMA CGM’s takeover of APL....
View ArticleBuyers ignore GRIs and Asia-Europe spot prices tumble again in run-up to CNY
General rate increases (GRIs) announced by Asia-Europe carriers for today have failed to arrest the decline in spot rates, which plunged this week by 21% for North Europe and by 15% for the...
View ArticleHapag-Lloyd to impose post-CNY rate hikes as blanked sailings slow the pace...
Hapag-Lloyd today announced a new general rate increase (GRI) of $900 per teu on headhaul westbound Asia-North Europe and Asia-Mediterranean shipments for 1 March. The line also scheduled a...
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