CMA CGM and MSC follow Maersk with bunker surcharges for IMO 2020
Source: Mike Wackett Loadstar MSC and CMA CGM have followed Maersk Line in announcing plans for surcharges to recover the cost of compliance with the IMO’s 2020 0.5% sulphur cap regulations….
ONE unveils strategy for billion-dollar cost savings and million-dollar profits
Source : Loadstar Japanese shipping groups K Line, MOL and NYK, now operating as the Ocean Network Express (ONE) joint-venture, have unveiled their business plan, identifying more than $1bn a year in expected synergy cost savings. The…
Alliance reshuffle brings Rotterdam a Q1 box bonus, but total volumes fall
Source : Loadstar An increase in container traffic boosted an otherwise poor first quarter for the port of Rotterdam, with overall volumes falling 1.2% year-on-year. Although non-containerised freight volumes dropped, the number of boxes passing through the…
Asia-Europe carriers in new battle for market share, forcing rates down
Source : Loadstar As container spot rates on the Asia-North Europe trade continue to slide, CMA CGM has announced a reduction in FAK rates. Next month, the French carrier will charge $850 per 20ft…
Seeking differentiation, carriers launch faster, guaranteed services
Source : Joc News Carriers are becoming more innovative in the services they are offering the market, as setting themselves apart from peers in a commoditized business becomes the new way forward. Striving…
Come and visit us in London on the Organic and Natural 22 and 23 April
Natural & Organic Products Europe is Europe’s biggest trade show for natural products – making it the ‘must attend’ event for buyers of everything from natural healthcare products, natural and organic foods, through…
CMA CGM seizes title of most profitable container line with 2017 performance
Source : Loadstar CMA CGM recorded a net profit for 2017 of $701m to easily outperform its peers and wrench the mantle as the industry’s most profitable global container line from Maersk Line….
Analysis: K+N needs to find some courage and a new corporate plan
Source : Alessandro Pasetti Six months ago, I predicted value destruction was on its way for Kuehne + Nagel, and it has turned out to be one of those rare occasions when I…
Is HMM ready to go it alone between Asia and North Europe?
Source : Loadstar A spokesperson for Hyundai Merchant Marine (HMM) has told The Loadstar that the carrier is “still reviewing” the launch of its new Asia – North Europe (AEX) express service slated…