Hanjin’s Demise: Why Global Shipping Glut Isn’t Going Away
A shipping company drowned at sea has kicked up a storm of worries. The gales should subside even if the industry’s long-term problems don’t
Alphaliner: Classic Panamaxes Facing Their Demise
The opening of the long-awaited Expanded Panama Canal will inflict a severe blow to the classic panamax market, i.e. the fleet of 4,000- 5,300 teu vessels, according to Alphaliner, as they are phased out of service and sent for scrap.
Australia: Freight vessels coasting to their demise
Every day, Australian ships ply the coastal waters with their loads of interstate cargo - ships...