Hapag-Lloyd’s first quarter 2024 earnings look devastating compared to the same period in 2023, but the quarter was stronger than expected due to Red Sea diversions.
Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity that could affect the industry if the Red Sea crisis is resolved.
Following the announcement of the dissolution of the 2M alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in joint MSC and Maersk services.
A series of controlled explosions has been carried out to blast apart section of the collapsed Key Bridge that was resting on the bow of the container ship Dali.