The imbalance between the global markets forces Maersk Line to sail around with 4 million empty containers a year, and there is no immediate solution to the problem, says the shipping company to ShippingWatch.
A shipping cycle downturn, the cost of fuel for ships, geopolitical change, the regulatory challenge and the information revolution are the five factors which will change shipping in the years to come,” Clarkson’s President for Research states.
“Yes of course is it possible for us to build them. And it goes without saying that we have already contacted the carriers in question and told them that we are ready if they need us”, Thomas Andersen, owner of Fayard, says when asked about the future of the DFDS, Royal Arctic Line and Scandlines newbuildings “stranded” in Germany.
CEO of the Port of Gothenburg, Magnus Kårestedt, has spent much of his time in the last 18 months handling the port's labor conflict between APM Terminals and the dockworkers. "Many don't understand the core of the conflict," he says in the latest article in ShippingWatch's series on communication.
Rates have generally been higher in 2017, a year projected by many to be a year of beginning recovery – but a decline since the boom in the spring has curbed the budding optimism. And this could be a good thing, says J.P. Morgan.
Keppel's marine business, which covers several yards specializing in offshore, suffered a deficit in the first six months of the year, compared to a profit of USD 177 million in the same period last year. The offshore sector drags the business down.
Rotterdam's port booked a positive first half of the year with rising freight volumes. But if this development is to continue, the Dutch state must show more support, like in neighboring countries such as Germany, the port urges.