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One Year After Container Shipping’s Worst-Ever Crisis

August 21, 2017 12:05 am Published by

One year after excess capacity caused the $500 billion global container shipping industry’s worst-ever crisis, a massive consolidation is underway and the survivors are enjoying big economies of scale and increased demand. As a result, shipping rates are climbing, and …

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Port Manatee’s Shipping Container Volume is up 47 Percent

August 15, 2017 12:05 am Published by

During the 10 month period from October 1st, 2016, through July 31st, 2017, Port Manatee saw the movement of 32,907 twenty-foot-equivalent container units (TEU). This is significantly more than the Florida Gulf port’s full-year high mark of 30,431 TEUs established in …

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Investors Invested More Into UK Companies Than Ever Before

August 9, 2017 12:05 am Published by

New research from  Beauhurst shows that during the first half of 2017, investors put more money into British companies than ever before. In total, UK-headquartered unlisted companies attracted a record £3.03 billion of equity investment, during the first six months …

South Korean Companies Establish Korea Shipping Partnership

August 8, 2017 12:05 am Published by

In a move that is expected to ensure the South Korea's container shipping companies stay competitive in the wake of Hanjin Shipping's collapse, 14 container shipping companies will sign a MOU to establish the Korea Shipping Partnership (KSP). KSP operations …

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Abu Dhabi Ports is Discussing a Possible Deal in Africa

August 7, 2017 12:05 am Published by

To take advantage of the continent’s growing trade with Asia, Abu Dhabi Ports is discussing a possible deal in Africa.

According to company officials, container shipping and general cargo volumes are rising year over year at their facilities.

There are

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Competitive Environment Caused Container Shipping Consolidation

July 26, 2017 12:05 am Published by

The world’s container shipping fleet, which has been replenishing itself with ever-bigger ships, has grown faster than the demand it serves. Unnecessary expansion by some companies, in an industry which over-values market share, has hurt industry competition by eliminating smaller …

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