Latest industry related news items
Chinese ports lose 10.1% of their volumes in last two months
Total container volumes handled at Chinese coastal ports dropped by 10.1% in the first two months of 2020 compared to the same period in 2019, with full year volumes expected to register negative growth rates for only the second time since 1970.
Maersk and MSC re-deliver more than 100,000 teus of capacity to HMM
The fleet capacity of HMM has started to increase this month with some 100,000 TEUs of chartered-out tonnage returned to the carrier concurrently to the expiry on 31 March of the ‘2M + HMM’ agreement on the East-West trades.