The First IMO 2020 Violation Goes to MSC
Let's take a break from the relentless COVID-19 news, kind of, to talk about a topic we thought would be dominating this year's international shipping news: IMO 2020. Leading up to the [...]
In 2M, 2M Vessel Sharing Agreement, carrier alliances, carriers, Global Business, International Shipping, International Shipping Company, Maersk, MSC, ocean freight, ocean shipping, ocean shipping lines
Posted Things Getting Bitter Between Maersk & MSC in Their 2M Alliance
Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]
In carriers, container shipping, Container Shipping & Transport, customs, customs clearance, MSC, shipping containers
Posted MSC’s C-TPAT Suspended After Drug Bust
U.S. Customs & Border Protection (CBP) suspended MSC's Customs-Trade Partnership Against Terrorism (C-TPAT) certification after a historic drug bust was made on a ship of the world's second [...]
In 2M, cargo, carriers, China, China Cosco Shipping Corporation, container shipping, Container Shipping & Transport, Freight, international business, International Shipping, Maersk, MSC, OOCL
Posted Maersk is No Longer #1 Carrier
The leviathan just ate the top dog. Perhaps that’s a bit overdramatic, but China Cosco Shipping Corporation (Cosco), China’s international shipping leviathan, is now the world’s [...]
In 2M, 2M Vessel Sharing Agreement, carrier alliances, carrier merger, carriers, China, China Cosco Shipping Corporation, China Shipping Companies, container carriers, container shipping, Container Shipping & Transport, freight rates, Hanjin, Hanjin Shipping, international business, International Shipping, Japan, K Line, Maersk, MSC, Ocean Alliance, OOCL, P3 Alliance, P3 Network, shipping, THE Alliance, Yang Ming
Posted Which Carriers Will Be the Final 3 to Survive?
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and [...]
In 2M, 2M Vessel Sharing Agreement, carrier alliances, carriers, Container Shipping & Transport, Hanjin, Hanjin Shipping, HMM, Hyundai, Hyundai Merchant Marine, international business, International Shipping, Maersk, MSC, shippers, shipping, shipping companies
Posted 3 Things to Allay Shippers’ Fears About HMM’s Agreement with 2M Partners
As of today (March 30, 2017), the Federal Maritime Commission’s (FMC) approval of the cooperation agreement between Hyundai Merchant Marine (HMM) and the 2M alliance members, Maersk and MSC [...]
In carriers, container carriers, container shipping, Hanjin, HMM, Hyundai, Hyundai Merchant Marine, international business, International Shipping
Posted SM Line to Replace Hanjin, But Will Yang Ming Follow Hanjin’s Footsteps?
The Emergence of SM Line It sounds like the story of the phoenix: SM Line rising “from the ashes of Hanjin.” But perhaps the better mythological creature to describe this story is the [...]
2 Lawsuits Making International Shipping Headlines
Attorneys from Nofeeinjurylawyers.com.au has stated that as there are a great deal of parties and laws involved in international shipping. Therefore, it is not surprising that the courts play a [...]
In container carriers, container ports, container shipping, Container Shipping & Transport, Hanjin, HMM, Hyundai, Hyundai Merchant Marine, Port of Long Beach
Posted Hanjin Sells Stake in Terminal at Port of Long Beach to MSC
In another move of liquidation after bankruptcy, Hanjin is selling its stake in Total Terminals International (TTI) to Mediterranean Shipping Co (MSC). Chris Dupin reports in an American Shipper [...]
In 2M, 2M Vessel Sharing Agreement, carrier alliances, carriers, Hanjin, HMM, international business, International Shipping, International Shipping Company, shippers, shipping
Posted Is There Trouble in 2M Alliance?
Don’t look now, but it seems like the honeymoon might be over between Maersk and Mediterranean Shipping Company (MSC) in their 2M Alliance. There is no news about the premier carrier [...]
In 2M, 2M Vessel Sharing Agreement, Hanjin, HMM, Hyundai, Hyundai Merchant Marine, International Shipping, THE Alliance
Posted Future of Carrier Alliances Changes with Hanjin Collapse
Is Hyundai Merchant Marine (HMM) no longer joining Maersk and Mediterranean Shipping Company (MSC) in their carrier alliance? “The memorandum of understanding is only a paper to agree to discuss. [...]
In 2M, 2M Vessel Sharing Agreement, carrier alliances, container shipping, Container Shipping & Transport, HMM, Hyundai, Hyundai Merchant Marine, Ocean Alliance
Posted Hyundai Might Become Third Member of 2M Alliance!
Hyundai Merchant Marine (HMM) stock just shot up by the maximum daily allowable amount. This must make debtors of the nearly $5-billion-in-debt shipping line feel good right about now. In a [...]
Posted
Are Low Freight Rates Bad for Shippers in Long Run?
This year has seen record low freight rates. While freight rate pricing has been increasing, shippers are still paying significantly less than in previous years. World Maritime News reported a [...]