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Author Archives for Pacific Tycoon

About Pacific Tycoon

As stocks, bonds and currencies disappoint investors, shipping container investments from Pacific Tycoon continue to offer dependable investing alternatives.

maersk line container shipping

Cargo Shipping Consolidation Brings Order to Industry Chaos

June 27, 2017 12:05 am Published by Comments Off on Cargo Shipping Consolidation Brings Order to Industry Chaos

Consolidations in the container shipping sector, as some of the big carriers merged and new alliances were formed among others, has helped to bring some order to the industry's chaos. Former competitors found themselves working in partnership to solve such …


bangkok port

Has Shipping Industry Consolidation Created a Problem?

June 26, 2017 12:05 am Published by Comments Off on Has Shipping Industry Consolidation Created a Problem?

As the U.S. economy continues to expand, the demand for global shipping is increasing worldwide; Europe is showing signs of life, and China is about to reassert itself as a global leader. The problem is that there are a huge …


port of miami usa shipping

Container Shipping Recovery Achieved Through Capacity Cuts

June 21, 2017 12:05 am Published by Comments Off on Container Shipping Recovery Achieved Through Capacity Cuts

Since the beginning of the year 2017, container shipping companies have benefited from a modest increase in freight rates. Albeit this is positive news for the industry, Fitch Ratings says a sustainable recovery in the container market will only be …


port miami usa

PortMiami Expansion Allows it to Handle Bigger Ships

June 19, 2017 12:05 am Published by Comments Off on PortMiami Expansion Allows it to Handle Bigger Ships

Before PortMiami underwent a widening and dredging of its shipping channel, from 44 feet to a depth of 50-52 feet, a vessel like the Maersk Shanghai would not have been able to dock in Miami. The Miami port undertook its …


unmanned shipping vessels drones

In Next Decade Containers Could Be Hauled By Robotic Ships

June 12, 2017 12:05 am Published by Comments Off on In Next Decade Containers Could Be Hauled By Robotic Ships

Within the next decade, millions of containers could be hauled by robotic shipping vessels. According to the Economist, fully robotic cargo ships could be faster, safer, and ultimately cheaper to run than a crewed ship.
 
In Japan a consortium …


mitsui osk shipping lines

Global Container Traffic Increased 10 Percent in Q1 2017

June 6, 2017 12:05 am Published by Comments Off on Global Container Traffic Increased 10 Percent in Q1 2017

Provisional trade lane data from Container Trades Statistics (CTS) reported that global shipping container traffic increased 10 percent year-on-year in Q1 2017. According to the report, intra-regional trade was the primary driver of growth with volumes up by 17 percent, …


cma cgm container shipping

CMA CGM Reported Higher First-Quarter 2017 Shipping Profits

June 5, 2017 12:05 am Published by Comments Off on CMA CGM Reported Higher First-Quarter 2017 Shipping Profits

In another sign that the shipping industry is emerging from a slump, CMA CGM gave an upbeat assessment for the current quarter. Helped by a turnaround by recently acquired NOL, CMA CGM posted higher first-quarter 2017 profits.

The France-based container …


k line shipping lines

K Line, MOL and NYK Joint Venture Named Ocean Network Express

June 2, 2017 12:05 am Published by Comments Off on K Line, MOL and NYK Joint Venture Named Ocean Network Express

The proposed joint venture between Japan's three largest container shipping lines, Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) has been named the ‘Ocean Network Express’, or ONE.

Scheduled to launch at the …


hong kong asia shipping container port

Full Year Global Port Throughput Growth Revised to 4.6 Percent

June 1, 2017 12:05 am Published by Comments Off on Full Year Global Port Throughput Growth Revised to 4.6 Percent

Strong volume growth across key container ports, in the first quarter of 2017, has prompted a revision in the full year global port throughput growth. It has been risen to 4.6 percent, compared to earlier projections of only 2 percent to …