On Tuesday afternoon, 3 March, the MSC Oscar will arrive at the APM1 terminal in Rotterdam. With a capacity of 19,224 TEU (20-foot containers), the 396 meters long and 59 meters wide ship is the largest container ship in the world...
Over the last seven months oil prices have fallen more than most people had thought possible a year ago. As bunker prices are closely correlated with oil prices, a similarly large drop has been seen here. ..
As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate a restructuring of the shipping industry.