More carriers join Digital Container Shipping Association

COSCO has yet to join the organization that seeks to enable digital standardization.

More carriers join Digital Container Shipping Association

COSCO has yet to join the organization that seeks to enable digital standardization.

More carriers join Digital Container Shipping Association

COSCO has yet to join the organization that seeks to enable digital standardization.

 

   Five additional shipping companies — CMA CGM, Evergreen, Hyundai Merchant Marine, Yang Ming and ZIM — have joined the Digital Container Shipping Association.
    Maersk, Hapag-Lloyd, MSC and Ocean Network Express already belong to the group, which says its purpose is to enable digital standardization in the container shipping industry.
    With nine of the largest container shipping lines in the world, the association says it now “represents a substantial part of the industry.”
    COSCO has yet to join the group.

   The organization also said that Henning Schleyerbach (pictured above) of Hapag-Lloyd will become chief operating officer of the group. Thomas Bagge, a former Maersk executive, is the chief executive officer.

We want to see meaningful changes in China’s trade practices, but it makes no sense to punish Americans as a negotiating tactic. If the administration wants to put more pressure on China, it should form a multinational coalition with our allies who share our concerns.

Spot container rates from Shanghai to Rotterdam stood at $1,426 per FEU as of May 23, down 2% year-over-year, according to Drewry’s World Container Index.

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More carriers join Digital Container Shipping Association

COSCO has yet to join the organization that seeks to enable digital standardization.

May 15, 2019 on Dec 27, 2018AmericanShipper.com

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More carriers join Digital Container Shipping Association

COSCO has yet to join the organization that seeks to enable digital standardization.

May 15, 2019 on Dec 27, 2018AmericanShipper.com