The container shipping industry is in for a major shake-up as the two largest shipping lines in the world, Maersk and Mediterranean Shipping Company (MSC), have announced the end of their 2M alliance. The 2M alliance was a vessel-sharing agreement between the two companies that allowed them to share ships and networks, reduce costs, and improve their competitiveness in the … [Read more...] about Maersk and Mediterranean Shipping Company (MSC), the two largest shipping lines in the world, are on collision course
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The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down
The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down. This development is having a significant impact on the industry as shipping companies are faced with the challenge of utilizing the new assets effectively. In recent years, the shipping industry has experienced tremendous … [Read more...] about The shipping industry is undergoing a significant change with the influx of new vessels arriving just as the growth of trade is beginning to slow down
Shipping behemoth Maersk acquired Asian warehouse giant
Maersk has agreed the second-largest takeover in its history with purchase of Asian warehouse giant https://t.co/LYZdAfsM5N— Bloomberg (@business) December 22, 2021 … [Read more...] about Shipping behemoth Maersk acquired Asian warehouse giant
Enforcement of New Emissions Standards by the International Maritime Organization (IMO), a $8.5 Billion Market Opportunity
To curb pollution produced by the world's ships the International Maritime Organization (IMO) will enforce new emissions standards on January 1, 2020, effectively banning use of fuel with a sulfur content higher than 0.5 percent, compared to 3.5 percent at present, unless ships are fitted with equipment to clean up its sulfur emissions. This move of the International Maritime … [Read more...] about Enforcement of New Emissions Standards by the International Maritime Organization (IMO), a $8.5 Billion Market Opportunity
