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Markets

2020 Container Shipping Review

2020 turned into the strongest year ever for container shipping, with soaring freight rates breaking all previous records.

Companies

Matson 3Q may again surprise

3Q20 may go down in the history as the record earning quarter for the container shipping industry, which may beat even the most bullish estimate that we have seen so far. Matson, who’s 2Q preliminary report set the stage for industry’s 2Q earning season, may do so again for 3Q.

Zim

ZIM returns to Australia after 6 year absence

ZIM returns to the Australia market with the launch of the CAX in mid-October.

Newbuildings

Containership deliveries in September 2020

The first ultra-large LNG powered containerships of 23,100 teu and 14,800 teu were delivered in September.

Ships

Containership deliveries in August 2020

Two more of HMM's 24k teu ships were delivered in August but the long awaited CMA CGM 23k teu ships were further delayed.

PACC

PACC to exit feeder business

PACC will continue with its breakbulk/project cargo business after exit of feeder arm

Markets

ZIM makes 4th attempt for IPO

ZIM will make a bid for its long-delayed initial public offering (IPO) after 3 previous unsuccessful attempts in 2008, 2011 and 2015.

Transpacific

ZIM returns to Pacific Southwest with ZEX launch

Zim to launch new standalone transpacific express service

Markets

Markets

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