Mediterranean Shipping Co. Archives - Maritime Shipping News

Latest Carrier To Commit LNG-Fuelled Tonnage

13 May 2021

Alphaliner has confirmed widely reported news that Mediterranean Shipping Co (MSC) has become the latest carrier to commit to LNG-fuelled tonnage, reports Splash247.

The world’s second largest containerline has concluded long term charters for eleven 15,300 teu LNG-ready ships Eastern Pacific Shipping has recently contracted Hyundai Heavy Industries to build.

LNG-Ready Tonnage

MSC joins CMA CGM, Hapag-Lloyd and ZIM in committing capex to LNG-ready tonnage.

MSC has been on a remarkable ship buying...

https://mfame.guru/latest-carrier-to-commit-lng-fuelled-tonnage/

Container Ship Operators Vouch For China’s Factory Resurgence

10 March 2021

While supply-chain experts are stepping up talk about moving manufacturing to new sites, container ship operators are putting down big bets that the world’s factory floor will remain in China, reports Market Screener.

Box ships orders

Shipping lines have placed, or have in the wings, orders for dozens of new ultra-large box ships designed to move massive amounts of cargo on each voyage. Vessels like the six behemoths capable of carrying 23,000 containers apiece that Germany’s Hapag-Lloyd AG...

https://mfame.guru/container-ship-operators-vouch-for-chinas-factory-resurgence/

Container shipping teaching OPEC lesson in market management: Fuel for Thought

11 May 2020

Container shipping rates vs bunker charge

If OPEC looks out to sea it will find a kindred spirit. Both the oil industry and global trade have been ransacked by a collapse in global demand, with oil producers and the shipping sector employing strategies to restore balance.

While an alliance of ocean carriers has been keeping freight rates stable, there is a difficult journey ahead before they are seen as flag bearers for market management.

Carriers moved fast and decisively to reduce overcapacity and prevent a dramatic drop in freight...

https://blogs.platts.com/2020/05/11/container-shipping-opec-market-management/