Alliances Chasing Consortium Extension

Alliances Chasing Consortium Extension

The steamship alliances have called for an extension on their block exemption agreement with the European Union this week, as they seek approval to continue their arrangements for another 5 years.The EU commission approved the current exemption in 2014, which allows...
Trump Monitoring Carrier Alliances

Trump Monitoring Carrier Alliances

A bill was passed this week in the US, which provides the Federal Maritime Commission (FMC) with more power to regulate ocean carrier alliances. The revised Shipping Act was approved by President Trump this week and provides protection to container terminal operators,...
Hats Off to the Panama Canal

Hats Off to the Panama Canal

  The Panama Canal has been winning back its market share of round the world trips since its major upgrade two years ago. The strategic canal opened enlarged locks in 2016 to increase the capacity size of ships that could navigate the waterway. The lock upgrade...
More US China Tariffs Expected

More US China Tariffs Expected

Accordingly to Bloomberg and a report by economists Citigroup, the next round of duty tariffs to be applied by President Trump are likely to be the costliest yet for US consumers. The report suggests that the US are preparing to announce further tariff increases as...
AE2 Service Returns Despite Demand

AE2 Service Returns Despite Demand

The 2M Alliance, led by Maersk and MSC, have reportedly confirmed plans to restore their jointly operated ‘AE-2/Swan’ Far East – Europe service, after previously suspending the service for three months. The loop traditionally operates between China and Korea in...