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Tuesday, May 11, 2021

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  • Far East Maritime (4) (X)

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Change at the helm comes at a crucial time for Maersk

Posted to Far East Maritime (by Greg Knowler) on December 20, 2011

Kolding was architect of the line’s aggressive plans to expand market share and service quality. Yet he hands over the reins of the world’s biggest carrier at the most troubled time in the container shipping industry’s history. Freight rates…

Record box prices set to stay as demand way outstrips supply

Posted to Far East Maritime (by Greg Knowler) on July 6, 2010

In a normal year (normal being a year when consumers actually consume things), the world's two main box makers make 3.5 million boxes. Last year, Singamas Container Holdings and the market leading China International Marine Containers (CIC) produced just 220…

No frills container carrier lining up for launch

Posted to Far East Maritime (by Greg Knowler) on February 11, 2010

Neptune Orient Lines just reported a loss of US$741 million for 2009. China Shipping Container Lines is expected to soon announce a loss of US$1 billion. Other results will begin to trickle in but no carrier handling containers will have done well last year.

Piracy approach a failure, say Hong Kong shipowners

Posted to Far East Maritime (by Greg Knowler) on January 19, 2010

The Hong Kong Shipowners’ Association (HKSOA) has called for governments to throw out the current response to pirates menacing ships off the Horn of Africa, accusing the international community of tolerating piracy instead of eliminating attacks.