MAERSK SPOT

Maersk space ban means ‘a dark future’, maybe the end, for small forwarders

“Thousands” of small freight forwarders fear for their survival following Maersk’s decision to offer them only its Maersk Spot product.
The loss of the vast majority of Maersk’s capacity has led to some “4m teu looking for a new home”, according to one major forwarder.
Larger forwarders have secured long-term contracts with other lines, but smaller forwarders are unable to follow suit.
“The common problems for forwarders are space and rates,” said one European company. …

The post Maersk space...

https://theloadstar.com/maersk-space-ban-means-a-dark-future-maybe-the-end-for-small-forwarders/

Maersk Spot restriction an opportunity for smaller forwarders to grab market share

Rumours that Maersk will restrict some customers to spot bookings from 1 January could be “a big opportunity” for smaller forwarders to win business from their multinational competitors.
Sean Crook, director at Sydney-based forwarder Neolink, says Maersk and subsidiary Hamburg Süd have “definitely been pushing everyone to online bookings and/or FAK [freight all kinds] rates”.
“But I would say that is 95% of the market now,” he told The Loadstar.
“And while that …

The post Maersk Spot restriction...

https://theloadstar.com/maersk-spot-restriction-an-opportunity-for-smaller-forwarders-to-grab-market-share/

Anger as Maersk suspends contract bookings, sparking scramble for capacity

Maersk’s decision to “temporarily suspend” spot and short-term contract bookings from Asia following the Suez Canal blockage has left forwarders and NVOCCs scrambling for alternatives.
The carrier said on Tuesday it estimated a loss of capacity across its network of up to 30% “over multiple weeks”, in addition to equipment shortages in Asia.
One UK forwarder The Loadstar spoke to today said although he appreciated the difficulties for Maersk, he was “shocked” …

The post Anger as Maersk suspends...

https://theloadstar.com/anger-as-maersk-suspends-contract-bookings-sparking-scramble-for-capacity/

NYSHEX, carriers push for more binding ocean shipping contracts

container ship of NYSHEX carrier

Renege on a cargo contract in tanker or dry bulk shipping and your counterparty will attach your assets and drag you into arbitration. Containerized freight contracts are different — more like Third World traffic rules (that red light you see is just a suggestion). Promised cargo might not show up. Ships might not load the cargo that does.

Efforts to change this are now gathering steam, particularly in the wake of massive coronavirus disruptions to containerized trade. A rising number of ocean...

https://s29755.pcdn.co/news/enforceable-box-transport-gathers-steam-as-nyshex-scores-funding

High Demand Pushes ‘Maersk Spot’ Off the Shelves

According to a Loadstar article, strong customer demand has forced Maersk to remove its Maersk Spot product from some departures.

What is it?

Maersk Spot offers a loading guarantee, online booking and a fixed price and forwarders reported it had been disabled, with“Maersk unable to get the bookings away on westbound,” said one.

“Even if you want to pay, you can’t play!”

A spokesperson for Maersk told The Loadstar: “We can confirm that we have taken the Maersk Spot product off the shelf for certain...

https://mfame.guru/high-demand-pushes-maersk-spot-off-the-shelves/

Demand puts pressure on Maersk Spot, but ocean-rail service now permanent

Strong customer demand has forced Maersk to remove its Maersk Spot product from some departures.
Maersk Spot offers a loading guarantee, online booking and a fixed price and forwarders reported it had been disabled, with “Maersk unable to get the bookings away on westbound,” said one.
“Even if you want to pay, you can’t play!”
A spokesperson for Maersk told The Loadstar: “We can confirm that we have taken the Maersk Spot product off the …

The post Demand puts pressure on Maersk Spot, but...

https://theloadstar.com/demand-puts-pressure-on-maersk-spot-but-ocean-rail-service-now-permanent/

World’s largest container line triples profits despite COVID

container ship

The good news is that container shipping looks like it will weather the coronavirus crisis. The even better news is that COVID-19 has accelerated and solidified a new, more resilient business formula for the industry.

On Wednesday, the owner of the world’s largest container line, A.P. Moller-Maersk (APM, Copenhagen: MAERSK-B), posted stronger-than-expected results for the second quarter – the very time the coronavirus was peaking.

Maersk’s experiences during the outbreak confirm that liner...

https://s29755.pcdn.co/news/worlds-largest-container-line-triples-profits-despite-covid

Maersk Spot Makes Online Bookings Easier, Faster, and Simpler

  • The industry continues to face the challenge of highly volatile overbooking rates with an average of 20-30%, making it difficult to plan operations. 
  • Maersk Spot offers transparent prices and loading guarantee while ensuring higher operational predictability and stronger commitments from customers.
  • Maersk takes initiative to make online bookings easier, faster, and simpler for customers.
  • In the fourth quarter of 2019, Spot customers booked 25,000 forty-foot containers weekly, accounting for...

http://mfame.guru/maersk-spot-makes-online-bookings-easier-faster-and-simpler/

FreightBro chooses Maersk online solution

FreightBro, a freight-tech start-up, digitising the manual processes in forwarding, announced the integration of Maersk Spot within its digital platform for freight forwarders. The FreightBro platform will now use Maersk Spot APIs, allowing customers to book and secure container space online and in real-time.

With this integration, freight forwarders can now access real-time rates on the platform, according to FreightBro. This product guarantees equipment availability and cargo loading on Maersk...

https://container-news.com/freightbro-chooses-maersk-online-solution/

Maersk Spot Makes Container Shipping As Easy As Booking An Airline Ticket!

The shipping industry is stuck in the past and the challenges are many and well-known; last-minute changes in pricing; lengthy booking processes, and limited predictability makes planning and budgeting for customers a nightmare, writes Sushil Sriram, Head of Maersk’s Revenue Management Europe in an article published on the Maersk website.

Customer Bottlenecks

The article further illustrates how Customers in their private lives can easily ‘click-book-pay’ an airline ticket or a hotel but this...

http://mfame.guru/maersk-spot-makes-container-shipping-as-easy-as-booking-an-airline-ticket/

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