Topic “Maersk” — Exporter Magazine

Maersk Line has been named Sustainable Shipping Operator of the Year for the second time in three years for its investments in sustainable growth, carbon dioxide reducation and its advancement of industry transparency. Maersk, the world’s largest container shipping line, has told shippers they now face extra charges for cargo that does not show up, but at the same time, the company also said it will also compensate shippers for cargo that is not loaded, according to the Shipping Gazette. A.P. Moeller-Maersk A/S may be the only shipping line to profit from growing trade between Asia and Europe even as rates reach a two-year low, according to a Bloomberg report The average Asia-Europe all-in freight declined 10% in April, according to Container Trades Statistics (CTS), which also revealed that rates on routes to the western Mediterranean, North Africa fell 7.4% and 9% on eastern Med and Black Sea trade lanes, according to the Shipping Gazette. Containership owners have placed orders for a total of 1.6 million TEU of new capacity since June 2010, surpassing deliveries recorded in the same period which hit 1.4 million TEU, according to the Shipping gazette citing Alphaliner data. “Nansha is able to offer competitive terminal handling costs on top of high service levels,” said Maersk’s south China chief Soren Karas, adding that trucking an FEU to the Shekou, Chiwan or Yantian terminals on the eastern side of the Pearl in Shenzhen would be US$160 higher from Zhongshan than if the cargo went to Nansha. The ships are in the Triple-E class based on “Economy” of scale, “Energy” efficiency and “Environmentally” improvement. Maersk Line CEO Eivind Kolding said the new ships would have all the latest environmental features. Europe’s ban on shipping conferences has led to greater rate volatility, costs and supply chain instability but the true impact of this ban cannot be determined due to the impact from the global economic downturn, according to the Shipping Gazette citing the American Shipper.