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YANG MING 'UNDER PRESSURE' FROM SHIPPERS DEMANDING CONTRACT RATE CUTS
YANG MING 'UNDER PRESSURE' FROM SHIPPERS DEMANDING CONTRACT RATE CUTS

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Yang Ming chief operating officer Chang Chao-Feng has admitted that, as spot rates fall, the carrier is under pressure from shippers demanding to renegotiate contract rates.

Carriers unveil blanking programmes to prop up rates as peak season sags
Carriers unveil blanking programmes to prop up rates as peak season sags

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Some 8.8% of capacity is due to be pulled from the Asia to Europe market by ocean carriers over the next 12 weeks.

HEAVY LOSSES AT YARDS SUGGEST NEWBUILD PRICES WILL REMAIN FIRM
HEAVY LOSSES AT YARDS SUGGEST NEWBUILD PRICES WILL REMAIN FIRM

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Shipowners hoping for a cooling in newbuild prices should brace for disappointment. Key yards are still posting enormous losses, despite orders piling in and prices heading north. With orderbooks stretched far forward, shipbuilders will remain obstinate when it comes to pricing as they battle to try and get back into black ink.

Carriers remain buoyant despite collapse of spot rates and falling demand
Carriers remain buoyant despite collapse of spot rates and falling demand

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Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week, with prices to Europe and the US coming under intense pressure.

6 MAJOR TRENDS IN CONTAINER SHIPPING IN 2022
6 MAJOR TRENDS IN CONTAINER SHIPPING IN 2022

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Considering the extremely challenging circumstances and volatility in the Container Shipping industry since 2020, Shippers were hopeful of some semblance of stability in the market in 2022.

CAPACITY SIZE GAP BETWEEN THE LARGEST CARRIERS AND THE REST OF THE FIELD NOW BIGGER THAN EVER
CAPACITY SIZE GAP BETWEEN THE LARGEST CARRIERS AND THE REST OF THE FIELD NOW BIGGER THAN EVER

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The capacity size gap between the largest carriers and the rest of the field is now bigger than ever, according to data carried in the latest weekly report from Alphaliner.


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