Wanhai Lines recently purchased 48,000 containers for $150 million, demonstrating confidence in the future market and ensuring stable operations in a dynamic trading environment. This initiative aids in fleet modernization and enhances service efficiency, further expanding its competitiveness in the global shipping market.
As the container ship leasing market shifts towards feeder sizes, it is expected that transaction activity for 2500 to 2800 TEU vessels will rise, with supply and demand tightening giving shipowners increased pricing power. Recent leasing deals between Swire Shipping and CMA CGM indicate a revival in market activity, and competition is anticipated to intensify in the coming weeks.
Pacific International Lines (PIL) has opened a new office in Santiago, Chile, further solidifying its market position in Latin America. The new office will provide customized shipping solutions and enhance multimodal logistics services to meet the growing container transportation demands in Chile.
The container capacity on the Far East to East Coast route is continuously expanding, with 9 regular lines now and a 36% increase in annual trade capability compared to last year. Major shipping companies are reshaping the market landscape through new routes and smaller vessel operations, reflecting the growing market demand.
In the first half of this year, 191 second-hand containerships were sold, with 100 purchased by shipping companies, notably MSC and CMA CGM. CMA CGM has recently acquired two more 1300 TEU vessels, reflecting the urgent need for flexible capacity among shipping companies.
Properly loading containers is crucial to prevent damage to cargo during transit. By employing effective stacking, compact packing, securely fastening cargo, and understanding specific requirements, you can significantly enhance transport safety and reduce losses and risks.
This article explores the concept of dwell charges (Per Diem Charge) in maritime transport and their impact on corporate costs. It offers effective strategies to avoid these charges, such as timely unloading and reasonable storage planning, to help companies control transportation costs.
The inverted red triangle mark on the upper left of a container's rear door indicates that specific materials, typically Corten steel, must be used for repairs after damage. Corten steel offers excellent corrosion resistance, effectively extending the container's lifespan. This mark is a crucial component of the container's 'identity card' and is vital for ensuring transportation safety. It serves as a warning that substandard materials should not be used for repairs to maintain the structural integrity of the container.
This article details safe and efficient techniques for container loading, covering mixed loading considerations, loading methods, packaging protection, and handling of special goods. It emphasizes balanced load distribution and avoiding concentrated loads. The importance of digital management is also highlighted. The aim is to help companies improve loading efficiency and ensure cargo security. This includes best practices for securing goods within the container to prevent damage during transit and optimizing space utilization for cost-effectiveness.
This article explores the current state and coping strategies for VGM (Verified Gross Mass) charges in the freight forwarding industry. It points out that VGM charges have become an industry-wide phenomenon, with freight forwarders in a weak position when dealing with shipping companies and port areas. Some freight forwarders avoid risks by shifting responsibility to customers. The article emphasizes the importance of freight forwarders balancing costs and ensuring profits while remaining compliant with regulations. It highlights the need for strategic approaches to navigate the challenges posed by VGM charges.
