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Posts from April 2023

 
As its fleet grows, MSC maps out its post-2M standalone network 
 
MSC is preparing its network for a standalone operation after its exits the 2M east-west vessel-sharing agreement with Maersk at the end of next year – although many in the industry believe the split will happen by mutual consent sooner than that. 
 
Sources cite increasingly acrimonious exchanges over vessel-blanking strategies and fierce competition for customers, along with differences over the status of hub ports within the alliance network. 
 
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Vietnam to boost domestic box fleet as more shippers shift from China 
 
Vietnam’s state-controlled shipping group, Vietnam Maritime Corp (VIMC), plans to acquire more containerships and build more inland box depots in a bid to boost its competitiveness. 
 
VIMC is hoping to work with investors to develop the inland container depots and distribution and logistics centres in areas such as Haiphong, Hanoi, Danang, Quy Nhon and Ho Chi Minh City. 
 
Click on the below link to read more. 
 
 
Shippers brace for freight rate and BAF increase onslaught 
 
A definite end to rock-bottom freight rates could be in sight, as carriers take advantage of tight capacity management to launch rate restoration programmes across their networks in the next few weeks. 
 
Moreover, shippers can expect an increase in bunker surcharges, as the shipping lines ramp up BAFs to mitigate the impact of higher fuel costs. 
 
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Positive ocean freight sentiment keeps the charter market bullish 
 
More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter market rally, with aggressive carriers still snapping-up tonnage as it becomes open. 
 
According to a recent survey of supply chain professionals by logistics platform Container xChange, 48% of respondents believe this year’s peak season will be better than last year’s. 
 
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ONE LAUNCHES ITS ONE ECO CALCULATOR AS A MILESTONE TOWARDS NET ZERO 
 
Ocean Network Express (ONE) has announced the launch of the ONE Eco Calculator, which calculates carbon dioxide (CO2) emissions from ONE’s operating vessels. The tool is one of the company’s milestones in its journey to net zero. 
 
With the ONE Eco Calculator, units are expressed as either Tank-to-Wake (TTW), a measure of emissions from burning fuel, which has been stored in a tank, or Well-to-Wake (WTW), a measure of emissions from fuel production, delivery, and use aboard ships. 
 
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DP WORLD SETS NEW SOUTHAMPTON RECORD FOR HANDLING CONTAINERS ON SHIP 
 
DP World’s team at Southampton has broken its all-time move count record after handling more than 9,000 containers on a ship which visited the logistics hub last week. 
 
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MSC INTRODUCES NEW DAKAR-EUROPE SERVICE 
 
Reliable and fast are two essential ingredients when transporting reefer commodities, something that comes as standard with MSC’s new direct service, connecting Dakar and North Europe. 
 
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SHIPPERS BRACE FOR MARKET BOUNCE 
 
Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final quarter of 2022, marking the traditionally busiest period of the year as the ‘peak season without a peak’. 
 
Volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple with persistent inflation and high energy prices, suppressing consumer demand for goods across nearly all economic sectors. 
 
On the demand side, many carriers and service providers are anticipating a recovery in demand in the second half of the year 
 
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