A potential consequence of Hanjin Shipping’s failure is that the containership industry may finally improve its financial status as a major player exits the stage. Low rates for containerised goods have provided a global supply chain for consumer goods but…
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A leading shippers body has launched a campaign to stop lines from imposing “spurious” surcharges. The Global Shippers’ Forum (GSF) has set itself the goal of ending the liner shipping practice of imposing container shipping surcharges within five years. It…
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Lomar Shipping is looking to further expand its fleet with newbuildings. Industry sources say the UK-based company is planning to order up to 10 feeder boxships of 1,900 teu and is in talks with three Chinese yards — Yangzijiang Shipbuilding,…
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