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Alphaliner downgrades growth on container market

Alphaliner has long been confident that the container market would grow by 3.5 percent in 2019, but the firm now downgrades this forecast due to the ongoing trade conflict. US President Donald Trump's latest announcement of more tariffs do not factor into the latest estimate.

Hapag-Lloyd orders 13,000 reefer containers

Hapag-Lloyd continues to strengthen its position within the reefer segment with a new order for 13,000 reefer containers. They are slated for delivery in November 2019, informs the German container liner.

Maersk wanted HMM to remain a 2M partner

Maersk would have liked HMM to remain part of the 2M alliance, the company tells ShippingWatch. HMM also confirms that negotiations took place. Once the South Korean partner withdraws next year, 2M will need to find alternatives in the Pacific.

New mega-orders will have minimal impact on container market

Orders for what might end up being 15 new mega-vessels from Hapag-Lloyd and Evergreen, announced last week, will not have a significant impact on the market, says Lars Jensen, CEO of Seaintelligence Consulting. Sources confirm Hapag-Lloyd's interest in six new vessels to ShippingWatch.

Container lines forgot their customers in their rush to cut costs

As the world's fifth-largest shipping line, Hapag-Lloyd itself participated in the consolidation wave that has characterized the sector in recent years. But the sector forgot the customers in its unilateral focus on cutting costs and achieving synergies, says the company's COO.

New container shipping alliance finally settled

The collaboration on shared standards within the container industry is now officially underway. The alliance has found its headquarters and its CEO. So far, one container liner that participated in the initial dialog is not part of the association.

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