News / Ocean Market

UN

United Nations fear liner oligopoly

The United Nations Conference on Trade and Development (UNCTAD) has published a review detailing its concerns that consolidation by the global shipping lines poses a threat to competition.

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msc-containers

MSC and Hapag-Lloyd shake up South American trade

Carriers to launch a new loop between Europe and the East Coast of South America in a month

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Chittagong congestion

Chittagong congestion surcharges

Bangladesh shippers are protesting after feeder vessel operators imposed surcharges to recover increasing costs due to delays.

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congestion

Asia peak shipping season imminent

School holidays and vacations are top of mind for many of us in July, but for those working in the supply chain (and particularly retail) this month marks the beginning of the manic time that is peak season.

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Cosco-Guangzhou

COSCO will become the 3rd largest carrier with bid for OOCL

Just weeks after HAPAG-LLOYD merged with UASC to create the 5th largest carrier, COSCO will become the 3rd largest global carrier with its offer to acquire OOCL.

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Hapag-Lloyd / UASC merger

5th largest global carrier created by Hapag-Lloyd / UASC merger

HAPAG-LLOYD’s merger with UASC has created the fifth-largest liner shipping company in the world, with a combined fleet of 230 vessels and a capacity of 1.6 million boxes.

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shanghai congestion

Shanghai update: Congestion continues to build

Congestion at the world’s busiest container port is worsening – at least in the short term – as the terminals struggle to deal with dense fog that started earlier this month, increasing volumes and the aftermath of the new shipping alliances launch.

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ESC

Shippers’ Council fear continuing capacity crisis

Shippers council to set up observer group to monitor shipping line performance amid continuing export sea freight capacity crisis

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nyk-line_0

Japan lines merge to form world’s sixth largest carrier

K Line, MOL and NYK, the big three Japan container shipping lines, have agreed to merge their shipping businesses to create a joint-venture with a total capacity of 1.4m teu and a market share of 7%, which will make them the sixth largest global carrier.

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