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Container

Maersk books small profit in first quarter

A.P. Møller-Maersk books a pre-tax profit of USD 2 million in the first quarter. The year came off to a good start, but the trade war escalation may weaken the container market, says CEO Søren Skou.

CMA CGM orders trackers for 50,000 containers

CMA CGM has ordered trackers to measure everything from temperature fluctuations to GPS positions on 50,000 of its containers. The supplier is a company invested in by the French container line.

Alphaliner lowers expected container growth

A weaker growth in the first quarter combined with the escalating trade dispute between the US and China makes Alphaliner lower its expectations for growth in container shipping.

Shippers bet on the EU to make liner companies more transparent

"It's not a 1:1 relationship between us and the shipping lines," says the European Shippers' Council, noting that the concentration among liner companies has only tilted the balance even further. Now the shippers hope that the EU can force changes through.

Main tradelane could take big hit from new tariffs

The key tradelanes between China and the US could be hit by significant decreases if both countries act on their threats of new and large-scale tariffs. Alphaliner estimates that volumes could drop by eight percent in 2019.

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.

Navigare Capital close to doubling 2018 profit

Navigare Capital Partners, whose owners include Robert Mærsk Uggla, finished 2018 with a larger profit than the year before. The investment firm is currently working on a new shipping fund.

Speed limit may boost global fleet by 235 percent

While the IMO is really starting to discuss CO2 reductions, the European Commission has just highlighted speed limits as a very effective means to achieve that in a report. Lower speed would however require significantly more vessels. Read the entire report here.

Container liners improve poor reliability

The major container liners improved their schedule reliability this year compared to 2018. However, the liner companies are still poor at arriving on time, according to Sea-Intelligence.

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