NEWS: The Loadstar - Box Lines Seek New Partners & Target Profitable Routes

The Loadstar

 

To penetrate more lucrative tradelanes, ocean carriers are looking for vessel-sharing partners outside their main east-west alliances.

And with their services under financial pressure, container lines are redeploying tonnage to routes they believe can still make money, whether on a standalone basis, by vessel-sharing or, in the first instance, with slot purchases. In turn, the carriers will look to cut back on their commitment to east-west trades that are heavily exposed to the volatile spot market.

However, the lines are unlikely to keep shippers on new routes in the longer-term without operating any of their own tonnage, given the commercial disadvantage of the lack of operational control, something that can be exploited by the other operators.



Read more here. . . Box Lines Seek New Partners & Target Profitable Routes