Newsletter – October 24, 2018

OCEAN FREIGHT UPDATES

MSC to lease 5,000 new reefers with controlled atmosphere technology

theloadstar.co.uk

MSC has become the latest carrier to make a significant investment in controlled atmosphere (CA) technology, inking an order for 5,000 units from Carrier Transicold yesterday. Read more here (login required).

Market uncertainty impacts DP World volumes, but ‘we stay on track’

theloadstar.co.uk

DP World has reported a 2.6% increase in container volumes for the nine months to September.

But it has warned of deceleration in the market, as its third-quarter numbers declined 1.4% on the same period last year. Read more here (login required)

CMA CGM the big winner from ONE’s transpacific fall

splash247.com

According to the latest eastbound transpacific liftings data analyzsed by Alphaliner, ONE, the new Japanese merged container liner, lost a massiver 14.2% of cargo int he April -September period, compared to the combined volumes of ONE partners K Line, MOL and NYK during the same period last year. Read more here.

India and Myanmar push ahead with Sittwe port development

splash247.com

India and mYanmar are pushing ahead with plans to jointly develop the port of Sittwe. Sitting on th eBay of BEngal on the west coast of Myanmar, the port is part ot hte Kaladan Multi Modal Transit Transport Project, which will link the country to Mizoram state in Northeastern India….Read more here.

Drewry creates low sulphur cost-impact calculator ahead of IMO rule

seanews.com.tr

DREWRY has started offering a bunker adjustment factor (BAF) formula and fuel cost benchmarking service in the run-up to the implementation of the International Maritime Organization’s (IMO) new low sulphur fuel rule in 2020. Read more here.