Shipping - Page 80

Even with 26-31% capacity reduction on Transpacific & 19-27% on Asia-Europe, rates continue to fall: Sea-Intelligence

Deliveries of new ships expected to outpace demand next year indicating a continued fall in freight rates

43% Xeneta customers anticipate disruption but no major issue even if carriers blank 50% of all scheduled sailings.

Physical shortage of capacity that drove freight rates up is no longer an issue.

Capacity management will be key to deciding how much of super-cycle gains carriers can hold on to: Drewry

"Volumes are still healthy & there are far more carriers carrying far more TEUs than ever."

With the new order, Maersk will take delivery of 19 vessels with dual-fuel engines able to operate on green methanol.

Acquires 10 terminals in six countries; presence strengthened in Latin America and terminal business.

Green methanol expected to be an alternative marine fuel to make significant contributions to reduce GHG emissions.

Maersk was the most reliable carrier in August with a schedule reliability of 53%.

Halcyon days of ever-increasing rates for carriers may be drawing to a close: Xeneta

Recent certification enables the port to receive container feeders, bulk and break-bulk carriers.