Hyundai Merchant Marine to join THE Alliance

South Korean container shipping liner Hyundai Merchant Marine (HMM) is joining THE Alliance as a full member, a good development for the leading Korean…

Box freight rates rise on strong Q1 performance

Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable recovery in the…

2017 seen as year of ‘die-hard competition’ for shipping

Container shipping market conditions improved in 2016 as fleet growth was put under control, but this year will be another challenging one for the…

Shippers’ groups wary over consolidation in global shipping

The European Shippers’ Council and the Global Shippers’ Forum have come together to voice fears over the impacts of new alliances being formed by…

Liners’ revenue likely down 18% in first half, Drewry says

First-half 2016 financial results from a handful of major carriers indicate that revenue is down by 18% on average, and this may foreshadow a…