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Increased commercial power, diminished choice and competition, along with carrier exemption from competition regulations are distorting the container shipping market, according to the British International Freight Association (BIFA). Its director general, Robert Keen, is the latest in a list of shippers and their representatives to raise competition concerns with regulatory authorities following...


PRESS RELEASE  BOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OF BOLLORÉ AFRICA LOGISTICS. BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE OFFEROR The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, comprising all of the...


Ocean carriers face ‘Hobson’s choice’ on the containership charter market: agreeing to owners’ hugely inflated daily hire rates or risking losing the vessel to a competitor. Hapag-Lloyd has just agreed a three-month charter commencing in January of the 4,253 teu Synergy Oakland for an eye-watering $130,000 a day from Greek non-operating owner...


Extra loaders deployed by transpacific carriers to meet booming import demand have overwhelmed the US gateways of Los Angeles and Long Beach.  According to a survey by Alphaliner, the capacity of the 27 ships berthed and 41 at anchorage at the San Pedro Bay ports stood at a massive 579,100 teu on Monday.  The consultant calculated that the 41 ships...


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