Hapag-Lloyd CEO says life will be more difficult without block exemption
If the EU Commission decides to end a unique competition rule for the liner shipping companies, it will make some elements more difficult for the container carriers, Hapag-Lloyd CEO Rolf Habben Jansen tells ShippingWatch.
The weak tanker market pulled Teekay into the red in the second quarter, and the Canadian company points to continued uncertainties in light of the Covid-19 pandemic while noting improvements in sight.
The French oil major expands its partnership with the Danish service carrier, which secures long-term contracts on eight vessels that will now deliver far more than safety solutions. The agreement is expected to create jobs for more than 160 seafarers.
The US Federal Maritime Commission is launching an expedited inquiry into eight container carriers in connection with surcharges introduced at the currently red-hot market. The carriers have a week to provide additional information.