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Analysts see no let up in rate volatility as big ship deliveries continue.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
Ocean carriers AAL and Peter Döhle, both specialists in multipurpose heavy-lift cargo, have entered into a global cooperation agreement.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.