28814 members and growing – the largest networking group in the maritime industry!

LoginJoin

Tuesday, December 1, 2020

Blogs

  • Far East Maritime (5) (X)

Tags

Getting supply and demand right not always good for carriers

Posted to Far East Maritime (by Greg Knowler) on August 17, 2010

So what is going on in the major trades? Forwarders say there has been no peak season and container lines are heading for some major overcapacity because of excess tonnage being brought in from lay-up and from newbuilding deliveries. Shipping lines…

Short, sharp services an alternative to slow steaming lines

Posted to Far East Maritime (by Greg Knowler) on August 12, 2010

There are interesting things happening on the transpacific container trade. Two new services are about to be launched, one by mainland line Hainan Pan Ocean Shipping and the second by US carrier Matson Line. According to the UK-based PR News Service…

Beijing busy securing its bulk supply chain

Posted to Far East Maritime (by Greg Knowler) on March 25, 2010

Chinese steel giant Baoshan Iron & Steel Co (Baosteel) this week announced the launching of its first very large ore carrier. The 230,000 dwt Renda slid out of CSSC Guangzhou Longxue Shipbuilding, a new yard in Guangdong’s provincial capital.

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.

Chasing market share will kill container lines

Posted to Far East Maritime (by Greg Knowler) on October 22, 2009

The term “wake-up call” is being heard more frequently from shipping executives as they contemplate GDP-sized losses this year. The problem is that it gives the impression of a gently buzzing alarm clock next to the bed. The wake-up call being…