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Container imports in North America maintain 2017 pace

Goods headed from major trade regions to North America grew at a healthy pace in 2017, and except for a slight decrease on one trade route, this has continued into 2018, reports SeaIntel. But exports fared differently.

Container carriers scrapping younger and bigger ships

The past two years have been remarkable in terms of scrapping, as shipowners in 2016 set a new record for tonnage scrapped. And the ships were younger and bigger, writes SeaIntel in a new analysis. But a shift could be underway.

One alliance accounts for majority of bulging order book

The members of one container alliance in particular have been busy ordering new vessels in the past six months. Looking at ships of more than 16,000 teu, this alliance accounts for 58.6 percent of the orders, writes SeaIntel in a new analysis.

McKinsey: Shareholders lose big money on container carriers

It is a very poor investment to place money in container carriers such as Maersk Line or Hapag-Lloyd, according to a new report from McKinsey. Bad decisions made by the carriers over the past 20 years have burned billions of dollars, says the firm.

Maersk Line needs to find the key to commercial growth

For Maersk Line to maintain its position as global leader, the carrier needs to develop its commercial business, says analyst Lars Jensen. Maersk Line has been unable to keep up with the market for three consecutive quarters, says Jensen.

Startup to launch cryptocurrency for container

Blockchain-based company 300cubits will launch its own cryptocurrency, 'teu tokens', for container carriers in order to encourage them to use the firm's new system, the founder tells Alphaliner.

Evergreen to order 20 new container ships

Taiwan's Evergreen Marine confirms a deal for 20 new 11,000 teu container ships. With the newbuilds, the carrier will be prepared for future demand, says the company in a press release.

Law firm: Chinese major will dominate terminals in a few years

Cosco and China Shipping will be the world's largest terminal operator in a few years after their merger. This year, China's billion-dollar investments in the Belt and Road have highlighted the country's power and competitors should take note, writes law firm.

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