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Mario Cordero at Danish Maritime Forum in Copenhagen

FMC approves The Alliance

Container:

The US Federal Maritime Commission has cleared container collaboration The Alliance, which is spearheaded by Hapag-Lloyd and now set to come into force on Dec. 19 on tradelanes to and from the US.


BY DANIEL LOGAN BERG-MUNCH
Published 15.12.16 at 08:01

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Most read Container

Maersk confirms: IT crash is caused by hackers

Maersk Line container 1 Container:

A hacker attack has triggered a large-scale crash of Maersk Group's IT systems, the company tells ShippingWatch. It remains unknown how the group's customers will be impacted. APM Terminals has also been struck in ports in the US and Netherlands.

Claus-Peter Offen will spearhead German consolidation

Container:

Just as a wave of mergers and acquisitions has consolidated container carriers in recent years, the many German tonnage owners need to join forces. One of the premier personalities in German shipping, Claus-Peter Offen, tells ShippingWatch that he is ready to spearhead the process.

Maersk's customers can soon monitor reefer containers

Container:

Starting next month, Maersk Line's customers will be able to monitor where the carrier's reefer containers are located as well as the internal temperatures. This comes in response to requests from customers, says CCO.

Billion-dollar Brazilian exports hit hard by container shortage

Container:

Food goods are towering up on Brazil's east coast and every part of the supply chain from exporters, to port terminals, and warehouses are struggling with a lack of refrigerated containers. Carriers such as Maersk Line, MSC, and Hamburg Süd have moved containers to other locations in Latin America where rates are higher, critics tell ShippingWatch.

Shippers: Reefer markets will feel the pain from carrier concentration

Container:

Shippers in the Global Shippers' Forum were already sounding the alarm this March about the consequences for importers and exporters of goods such as food. Their concerns surfaced in relation to the merger of Maersk Line and Hamburg Süd and have only grown in the months since.

Cosco will challenge European dominance on key container routes

Container:

Chinese Cosco Shipping has ordered 14 new container vessels for USD 1.8 billion in order to boost its fleet between Asia and Europe, where carriers such as Maersk Line, MSC and CMA CGM currently dominate.

Current front page

Maersk confirms: IT crash is caused by hackers

Maersk Line container 1 Container:

A hacker attack has triggered a large-scale crash of Maersk Group's IT systems, the company tells ShippingWatch. It remains unknown how the group's customers will be impacted. APM Terminals has also been struck in ports in the US and Netherlands.

Claus-Peter Offen will spearhead German consolidation

Container:

Just as a wave of mergers and acquisitions has consolidated container carriers in recent years, the many German tonnage owners need to join forces. One of the premier personalities in German shipping, Claus-Peter Offen, tells ShippingWatch that he is ready to spearhead the process.

EU tax negotiations for shipping could last rest of the year

Carriers:

Greece and the EU Commission could possibly spend the rest of the year negotiating the country's taxation of shipowners. The negotiations could affect other EU member states.

Acquisition grows bottom line at Shipping Holding

Services:

Shipping Holding, part of Torben Østergaard's USTC group, achieved growth on the bottom line after a major acquisition in the past fiscal year. More acquisitions are in store for the company.

JP Morgan slashes oil price estimate for the rest of the year

Offshore:

The major bank will now lower its oil price estimates for the third and fourth quarters this year.

China investing billions in African LNG projects

Offshore:

Chinese investors are looking to place around USD 7 billion in projects involving floating LNG production facilities, reports Reuters.

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