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Sunday, September 22, 2019

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  • Far East Maritime (3) (X)

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Size counts on weak Asia-Europe routes

Posted to Far East Maritime (by Greg Knowler) on June 19, 2013

The mega vessel sharing agreement between the world’s three biggest container lines is going to completely dominate Asia-Europe trade with ships from Maersk, MSC and CMA CGM having a good 40 percent share of the market. The P3 Network, as it is called…

Drive to cut costs may push shipping into the clouds

Posted to Far East Maritime (by Greg Knowler) on September 21, 2012

Maersk Line recently signed a US$150 million cloud computing deal with HP. In the five-year agreement, the Danish carrier will use HP’s cloud-enabled data centers and HP Workplace Services in what is known as an “instant-on enterprise”. Yes, that made no sense to me, either.

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…