Breakbulk carriers waiting for rebound in weak demand Like a mirror image of the ocean container shipping industry, the shipping lines that operate the multipurpose ships that carry breakbulk and project cargoes are suffering from overcapacity, lack of global demand and low freight rates. And like the container fleet, multipurpose ships are getting ever bigger. […]
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on January 12, 2016in Industry News
For shippers, carrier linkups bring mystery and angst With two and possibly three mergers or acquisitions among container lines scheduled to occur this year, beneficial cargo owners are wondering how their supply chains will be impacted. French carrier CMA CGM will acquire Singapore’s NOL for about $2.4 billion; the Chinese government has approved the merger […]
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