Hyundai Merchant Marine HMM privatization halted
Privatization of Hyundai Merchant Marine HMM will not proceed by the Korean Ministry of Fisheries and Oceans, says…
OOCL reports first revenue decline since 2020
According to Alphaliner, OOCL reports its first unaudited revenue decline since the first quarter of 2020.
Maersk orders another six methanol-powered ships from Hyundai Heavy Industries
Despite market demand prospects and political instability, Maersk orders six methanol-powered ships from Hyundai…
Alphaliner: Inactive fleet spikes on Golden Week
The inactive containership fleet showed a sharp tick upwards at the start of October as the impact of China’s…
World Trade Organization (WTO) cuts trade forecast for 2023
War, low demand, COVID, weather events, high energy prices: WTO World Trade Organization cuts 2023 trade forecast.
Retailers cancel orders due to high inventory levels
Walmart, Target, Macy's and Kohl's cancel orders to balance high inventory levels, assures Tom Ryan from…
Alphaliner: Excess delivery of new container ships in 2023 & 2024
Despite weak demand, decline in charter rates and freight rates, record delivery of new containerized vessels is…
Drewry: Strikes would prolong port congestion until 2023
Strikes at ports, refineries, and railways around the world would prolong port congestion until 2023 despite…
Alphaliner: CMA CGM offers green incentive for early box return
CMA CGM is to offer customers carbon credits in exchange for theearly return of Asian containers in a 3-month…
Alphaliner: Maersk Autumn Factbox
Acquisitions
Maersk is prepared to pay firm prices for acquisitions in the belief it can quickly ’supercharge’…