CMA CGM records highest capacity growth in intra-Europe CMA CGM (including Containerships, its intra-European short-sea operator, feeder carrier) is the only carrier to manage a significant increase in market share & capacity in the intra-European market over the last year, according to Alphaliner. Overall, intra-European service capacity has declined 1.2% since February 2022, mainly due […]
Over the Week 09, MABUX global bunker indices did not have a firm trend and changed sideways. The 380 HSFO index decreased by 0.46 USD: from 477.44 USD/MT last week to 476.98 USD/MT. The VLSFO index, in turn, fell by 0.55 USD (665.96 USD/MT versus 666.51 USD/MT last week). The MGO index, on the contrary, […]
The percentage of ‘alternative’ propulsion containerships in the orderbook has topped 40% for the first time as the past six months has seen carriers turn rapidly away from conventional fuel oil options. LNG dual-fuel units on order reached 198 ships of 2.31 Mteu at the start of this week, equivalent to just shy of 30% […]
The Alphaliner top-30 has seen many changes in positions 11 to 30 over the past 12 months. Capacity changes for these medium-sized carriers ranged from -34.6% for China United Lines (CULines) to +55.3% for Emirates Shipping Line. These capacity changes only had a modest effect on the overall global picture. This week’s capacity count of […]
Over the Week 07, MABUX global bunker indices did not have a sustainable trend and changed sideways. The 380 HSFO index rose by 5.86 USD: from 477.58 USD/MT last week to 483.44 USD/MT. The VLSFO index, in turn, fell by a symbolic 1.92 USD (696.82 USD/MT versus 698.74 USD/MT last week), still being below 700 […]
Over the Week 06, MABUX global bunker indices continued firm downtrend. The 380 HSFO index fell by 7.96 USD: from 484.38 USD/MT last week to 476.42 USD/MT. The VLSFO index, in turn, decreased by 20.64 USD (700.07 USD/MT versus 720.71 USD/MT last week), coming close to 700 USD mark. However, the most significant decline was […]
Poor cargo demand in China and falling ocean spot freight rates have led to significant changes in global container fleet deployment. More than 565,000 teu of capacity was withdrawn from the Asia – North America and Asia – Europe trades in 2022. This process is still continuing with Hapag-Lloyd closing down its China – Germany […]
Over the Week 05, MABUX global bunker indices showed a moderate downward correction. The 380 HSFO index fell by 9.32 USD: from 490.19 USD/MT last week to 480.87 USD/MT. The VLSFO index, in turn, decreased by 8.46 USD (713.73 USD/MT versus 722.19 USD/MT last week). The MGO index also lost 35.10 USD (from 1076.50 USD/MT […]
In a historic move, MSC Mediterranean Shipping Company and A.P. Moller – Maersk have made the bold decision to dissolve their 2M alliance, effective January 2025. The alliance, which was formed in 2015 with the goal of providing competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades, has reached its conclusion. According to […]