Shipping Line Alliances

Shipping Line Alliances:

You may be under the impression that there are a whole host of shipping lines operating on the world’s major trade lanes, all competing against each other to carry your business.

The reality has been rather different for quite some time as the shipping lines operating on the major trade lanes have formed a series of alliances that have pooled their ships and operational infrastructure and so operationally they operate as one company.

SOLAS regulations – Container Weighing

 

 

If you or your suppliers send goods by sea in containers  will become mandatory for all containers  worldwide to have their Verified Gross Mass (gross weight) declared prior to loading on a ship from 1 July 2016.

 

This is an important change from the current system where weights are advised at the time of booking by the party loading the container and this weight is passed to the ship’s owner,

Container shipping set to make a loss in 2015. Bad news for all in the long run.

A toxic mixture of over capacity, weak demand and predatory pricing by some of the larger players is forecast to produce a loss  for the whole industry in 2015.

Earlier this year the respected industry consultancy, Drewry forecast that shipping container carriers would collectively make $8 billon profit in 2015. They have now revised their forecast and advise that they will be lucky to break even. The more likely scenario is that the majority of carriers will be in the red.

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