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Monday, July 6, 2020

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  • Far East Maritime (2) (X)

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Carriers in for a brutal year as capacity floods in

Posted to Far East Maritime (by Greg Knowler) on July 4, 2012

Alphaliner’s chart of the week focuses on the new tonnage that has been added by the top 20 container shipping lines in the past 12 months. As incredible as the capacity is – 844,000 TEUs for a fleet growth of 6.4 percent – the one carrier that stands out is CSAV.

Yangtze shipping left high and dry

Posted to Far East Maritime (by Greg Knowler) on January 25, 2012

The Year of the Dragon begins now, represented in the Chinese zodiac by the Water Dragon. There is some irony in that, because the worst drought in 50 years has forced Chinese maritime authorities to close the Yangtze River above the port of Wuhan, more than 600 miles upriver from Shanghai.