Maersk warns of Q4 service schedule headwinds amid strong Asian export demand
Maersk expects strong demand for exports from Asia to continue for the…
September 28, 2021
4 minute read
Container port congestion to last until end-2021—Fitch
Some port operators are suffering lower margins due to higher processing costs…
July 12, 2021
3 minute read
PH exporters in distress over worsening supply chain snags
Philippine exporters seek “very urgent” assistance to cope with worsening supply chain…
May 31, 2021
4 minute read
Hapag-Lloyd orders 60,000 more standard containers amid shortage
Containers scheduled for delivery beginning in July Investment is in response to…
May 27, 2021
2 minute read
Maersk: strong Asia cargo demand thru Q2 to amplify congestion, shortage
Sustained box shipping demand from Asia to East Coast and West Coast…
April 17, 2021
3 minute read
Hapag-Lloyd orders 150,000 TEUs of containers to ease shortage
The 150,000 TEUs are made up of new dry and reefer boxes…
April 15, 2021
2 minute read
Freight rate inflation to stay for rest of 2021 amid sustained challenges—report
Port congestion and container equipment shortages will remain throughout most of 2021,…
April 14, 2021
3 minute read
Container carriers to cut free time, raise surcharges in 2021 contracts
Shorter timeline to return containers amid Asia equipment shortage Peak season surcharges…
March 10, 2021
2 minute read
Fitch Ratings: box shipping rates remain high but susceptible to risks
Spot freight rates to remain high in the short term, which will…
February 25, 2021
2 minute read
Maersk EBITDA expands 44% despite low volumes
Revenue in 2020 rose 2% to US$39.7 billion compared to 2019 while…
February 15, 2021
3 minute read
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