MSC is on course to overtake alliance partner Maersk as the biggest ocean carrier by capacity within the next two years. A new order for five 23,000 teu ULCVs from the South Korean Daewoo yard will take the Geneva-based carrier’s orderbook to 16 vessels, for a massive 305,352 teu, according to Alphaliner data. A disclosure…
News
Alliance partners Maersk and MSC are to “temporarily suspend” their AE2/Swan Asia-North Europe loop from the end of the month until mid-November, removing up to 20,000 teu a week from the trade. Weakening demand and plummeting freight rates have so far obliged Asia-North Europe carriers to blank two-thirds more sailings than during the same period…
Seventeen months after a devastating fire which resulted in the loss of 5 lives, Maersk is set to send the 15,282 teu boxship Maersk Honam back on active duty. The owner decided to reuse the stern section in a new ship, to be constructed at a South Korean shipyard. The damaged bow section and the…
Following the footsteps of Maersk Line, the Swiss and French container shipping giants MSC and CMA CGM have unveiled their intention to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap. Mediterranean Shipping Company plans to introduce a new Global Fuel Surcharge as of January 1, 2019. The company expects its operating costs…
Norsepower, together with project partners Maersk Tankers, Energy Technologies Institute (ETI) and Shell Shipping & Maritime, today announced the installation of two Norsepower Rotor Sails onboard Maersk Pelican, a Maersk Tankers Long Range 2 (LR2) product tanker vessel. The Rotor Sails are large, cylindrical mechanical sails that spin to create a pressure differential – called…
Wednesday 8th November marked the maiden arrival of the Milan Maersk, the largest container ship to visit Southampton. The Milan Maersk, which is 399m long, 58.6m wide, and can carry 20568 20' containers, weighs a staggering 214,000 tonnes and is less than a metre shorter than the world's longest vessel. The vessel departed Shanghai on…
The shipping company has revealed that the cyber attack has cost $300 million in lost revenue. Maersk CEO Soren Skou said "In the last week of the 2nd quarter we were hit by a cyber-attack, which mainly impacted Maersk Line, APM Terminals and Damco. Business volumes were negatively affected for a couple of weeks…