Carriers

Will Existing Carriers Form New Alliance?

Drewry has released its latest container insight weekly report, in which it discusses what is likely to happen to the carriers that have been left behind in the wake of the new OCEAN Alliance

ICS Back Global CO2 Plan

The International Chamber of Shipping (ICS) has welcomed progress made by the IMO Marine Environment Committee (MEPC) towards the adoption of a global CO2 data collection system

South Korea Urges Industry Restructure

Yoo Il Ho, Finance Minister for South Korea has called for an industry restructure as a solution to the cash flow decline of companies, which has been caused by a weak market

CMA CGM Postpone US Mega-Ship Plan

As a result of the current Transpacific market situation and to optimise the use of its fleet, CMA CGM has decided to postpone its project to deploy 18,000 TEU-capacity vessels on this trade

Hapag-Lloyd Moots UASC Merger

In order to tackle increasing competition in an industry that is consolidating resources, German shipping company Hapag-Llloyd is reportedly in talks to merge with United Arab Shipping Company

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