• Japan’s Big Three join forces Japan’s three largest container shipping companies, NYK, MOL and K Line, will merge to create the world’s fifth biggest box carrier following an agreement to form a company that will control seven percent of the market. The new carrier will have some 110 ships and 1.4 million TEU. With historically low freight rates, rising bunker […] Fwd News 0 Comments November 2, 2016
  • More seismic activity in the liner sector to come Anyone who heard Andy Tung reveal OOCL’s results earlier this year might not have been that surprised about the subsequent unveiling of the latest liner alliance unimaginatively labelled “OCEAN Alliance.” Mr Tung declared at the press conference that the company was always looking for new alliance opportunities. As for the others perhaps Evergreen was the […] Mike Grinter 0 Comments May 5, 2016