“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
The French shipping giant’s network is down.
Carrier recognizes ‘the importance of digitalization across the shipping industry.’
SeaIntelligence Consulting CEO says impact from pandemic could total about 10% of global volumes.
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Focus on profitability over market share bears fruit for Danish container shipping giant.
Slow steaming is potential way for ocean carriers to meet higher costs of IMO 2020, but it carries risk of further service degradation.
