Containershipping

Hike in Operation Cost Limits Carrier Growth

  • Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever.
  • A similar scenario played out at the end of the 2017-18 freight boom.
  • Cost inflation from insurance, maintenance, equipment and wages lasted beyond the yearlong freight boom that saw spot rates surge to all-time highs for an unprecedented amount of time.

A Freight Waves news article by Zach Stickland reveals that freight boom is not without downsides for carriers.

Capacity...

https://mfame.guru/hike-in-operation-cost-limits-carrier-growth/

Container Shipping Growth In 2020 Not the Best

  • Growth in the global container fleet has dropped to the slowest pace in four years, according to shipping intelligence service Alphaliner.
  • The global fleet saw growth of 2.9% last year, rising to 23.9 million TEU, Alphaliner said in an emailed note Wednesday. That compares with growth of 4% in 2019.
  • Last year was the first time growth fell below 3% since 2016, when the yearly rise was just 1.8%.

A recent news article published in the Ship and Bunker reveals how the growth of container fleet...

https://mfame.guru/container-shipping-growth-in-2020-not-the-best/

[FAQs] Loss Trends in Containershipping

Containershipping has its fair share of safety issues and loss. Each year certain kinds of losses issues come to the forefront and shipowners should take cognizance of that. Keeping that in mind Allianz Global has analyzed the 2020 loss trends and advises on how to stay safe from them.

Car Carriers & Ro-Ro Vessels

Issues with car carriers and ro-ro vessels remain among the biggest safety issues for the
shipping industry.

The number of total losses involving ro-ros has increased year-on-year, while...

https://mfame.guru/faqs-loss-trends-in-containershipping/

Container ship marooned off Sydney as authorities scramble for a protocol

Pictured: a representation of a seafarer wearing a mask aboard a containership. Credit Sebastian Herrmann – freetousesounds Unsplash – Jim Wilson

Since early February, Port Authority NSW has required mandatory health reporting by all ships arriving at NSW ports.  This is a sensible approach to help protect their crucial and limited maritime workforce.  

But there is no protocol on what to do if a ship reports a sick crew member.

In the eight weeks since this requirement was introduced one would...

https://shippingaustralia.com.au/container-ship-marooned-off-sydney-as-authorities-scramble-for-a-protocol/

How To Invest When Container Rates on Fire?

container freight chart

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU), writes Freight Waves Senior Editor, Greg Miller, in an article published on the website.

The Unsung Hero of Trade

Container shipping, declares a glowing new report by Fearnleys Securities, is “The Unsung Hero.”

How can investors expose themselves to this historic trans-Pacific rate spike? Can box stocks woo tanker...

https://mfame.guru/how-to-invest-when-container-rates-on-fire/

How Containershipping Showed Resilience To Avert the COVID19 Crisis

Although the pandemic has brought chaos to the global economy, many lines are making more money, reports the Financial Times.

Holding a small axe in a white-gloved hand, South Korea’s first lady Kim Jung-sook cut the ropes tethering the HMM Algeciras and officially launched the world’s biggest containership at a ceremony in April.

The towering vessel, the first of a dozen ordered by shipping line HMM, is the size of four football pitches. If loaded on to a train, the 23,964 20-foot metal boxes it...

https://mfame.guru/how-containershipping-showed-resilience-to-avert-the-covid19-crisis/

Hapag Lloyd New Feature To Tackle Cargo Missed Loading

In a major development, Hapag Lloyd has announced that they are adding a new feature called “Loaded As Booked” aiming to tackle cargo delays, says a press release available on their website.

The new feature will help greater accuracy and efficiency in the global supply chains.

What is it?

“Your cargo has been rolled” – for customers, this message only brings disadvantages, such as delayed cargo, more administrative work and additional commercial costs.

With our newly launched “Loaded as Booked”...

https://mfame.guru/hapag-lloyds-announces-new-feature-to-tackle-missed-loading/

Hapag Lloyd New Feature To Tackle Cargo Missed Loading

In a major development, Hapag Lloyd has announced that they are adding a new feature called “Loaded As Booked” aiming to tackle cargo delays, says a press release available on their website.

The new feature will help greater accuracy and efficiency in the global supply chains.

What is it?

“Your cargo has been rolled” – for customers, this message only brings disadvantages, such as delayed cargo, more administrative work and additional commercial costs.

With our newly launched “Loaded as Booked”...

https://mfame.guru/hapag-lloyds-announces-new-feature-to-tackle-missed-loading/

Realizing Nation’s Climate Goal Through Contairshipping Lens

The Danish shipping and shipping industry is ready with 21 new proposals that will help meet Denmark’s ambitious climate goal. They contain ambitions that will have far-reaching consequences and mean major changes in the industry, writes Lasse Friis in an article published in Berlingske

Søren Skou, chief executive of Maersk (TV), has presented a number of proposals to make Denmark greener as chairman of the Blue Denmark. Business Minister Simon Kollerup (S) is pleased that the Danish...

https://mfame.guru/realizing-nations-climate-goal-through-contairshipping-lens/

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