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Showing research about Corp - Shipping

Two Trade Wars, a Rate War and Four Tariff Reactions

Last week saw a tumult of trade policy activity including: a worsening of the U.S.-China trade war, with little sign of renewed talks; the declaration by the U.S. that car imports are a security threat, souring relations with the EU; USMCA’s ratification became more likely following a re... Read more →

20190509-hapag-revenues

Hapag Lloyd’s Success Not All It Seems, But Still Solid

Hapag-Lloyd reported 1Q 2019 revenues that surged 16.9% higher year over year. That was largely down to a strengthening dollar, excluding which the container-line’s revenues rose by 8.6%. The increase was driven by a 2.4% increase in volumes including transpacific volumes that fell by 1.... Read more →

20190424-wilmington-countries

Wilmington Will Grow, If ZIM Can Find New Customers

The Port of Wilmington, NC has received its largest vessel on record, operated by ZIM Shipping, – following a series of investments in handling capacity. That should allow continued growth after Wilmington delivered the fastest growth among the top 30 ports in the U.S. in 2018. One challenge f... Read more →

20190424-wallwil-total

Komatsu, Not Volvo, May Be The Future For Wallenius Wilhelmsen

Wallenius Wilhelmsen has added the second of four new vehicle shipping vessels to its fleet. That follows rapid growth in its services – its U.S. seaborne inbound shipments climbed 15.7% year over year in 1Q 2019. That’s been driven by a 21.1% surge in handling of construction and other ... Read more →

20190419-suez-change

Canal Competition Continues as Panama Relaxes Restrictions

The Panama Canal Authority has authorized a further widening of the beam of vessels that can cross the Canal as it seeks to improve its competitive position versus the Suez Canal. The latter has seen a strong start to 2019 with a 9.6% year over year rise in the number of vessels using the Cana... Read more →

20190417-kn-countries

K+N’s Pledge Could Lead to a Commitment with Hapag-Lloyd

Kuehne+Nagel’s new container forwarding service, K+N Pledge, offers refunds if guaranteed service commitments aren’t met. That’s followed similar service commitments made by the container shipping lines, led by CMA-CGM’s Eagle service. It also comes as K+N has been incr... Read more →

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