The industry association Container Ship Safety Forum (CSSF) published its first Guide to Safe Container Ship Operations to improve the existing safety measures, providing practices and procedures for safe container ship operations.
Reefer container equipment availability is expected to remain tight during the next few years, thus affecting shipping capacity supply and freight rates at seasonal peaks, Drewry’s latest Reefer Shipping Annual Review and Forecast 2019/20 report informs.
According to Intermodal Association of North America (IANA), its activity was weak during the second quarter of 2019. IANA’s estimate concerning the intermodal container activity highlights the deepening of the freight recession that railroads and trucking companies saw in the 2019 second quarter.
UNCTAD published its liner shipping connectivity index for 2019, showing countries that have improved or worsened their positions in maritime transport networks. Namely, China has retained its lead as the country best connected to others by sea, with its LSCI increasing by 51% since 2006.
Hyundai Merchant Marine (HMM) will be the fourth member, besides Hapag-Lloyd, Ocean Network Express (ONE) and Yang Ming, to join THE Alliance. The members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030. The actions were agreed in Taipei on 19 June 2019. The new contract between the four lines will begin on 1 April 2020.
The level of satisfaction regarding container carriers among exporters, importers, and freight forwarders reduced marginally, according to the third annual shipper satisfaction survey of Drewry and the European Shippers’ Council. The 249 shippers and forwarders who participated in the survey rated the service of container shipping lines with a score of 3.1 on average.
The new CEO of South Korean shipping company Hyundai Merchant Marine wants to improve relations with Maersk and the Mediterranean Shipping Company of the 2M alliance. For this reason, Jae-hoon Bae will visit the two companies to strengthen their ties. Currently, the company has an agreement to swap container space with Maersk and MSC on trades between the Far East and US, which will expire in a year.
ONE announced that ONE APUS, with a carrying capacity of 14,000 TEU, was successfully delivered at Kure Shipyard of Japan Marine United Corporation. The ship will be used n East Coast 4 service, under THE Alliance. ONE APUS is also equipped with the world’s first ‘dual rating system’ technology in the main diesel engine. A wide window is also adopted for widened visibility, helping the view of ship operators from the wing of the vessel’s bridge when berthing and unberthing.
To help the container industry navigate through the changes that it will face, TT Club and McKinsey undertook a joint research project. In the report, ‘Brave new world? Container transport in 2043’, they imagine four possible versions of the future, which are built on different answers to some of the uncertainties, and ask what they mean for the industry.
Two of the biggest container shipping companies, Maersk and the Mediterranean Shipping Company, were cleared in an investigation of the sector by the US Department of Justice, on Tuesday February 26. If the investigation was to charge the companies, it could have imposed large fines at a time when the container sector faces many difficulties due to slowing global economic growth.
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