Shipping and Maritime

Panama Canal Allows Carrier Alliances to Swap Slots

Panama Canal Allows Carrier Alliances to Swap Slots

The Panama Canal Authority has announced that it will soon give ocean carrier alliances another way to integrate their operations: slot swaps. Beginning December 1, carriers within the same alliance will be allowed to trade canal transit time reservations with each other, subject to specific limitations:

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Expanded Panama Canal Operational for a Year

Expanded Panama Canal Operational for a Year

Monday June 26 is the first anniversary of the inauguration of the Expanded Panama Canal.

In its first year of operation, over 1,500 Neopanamax vessels have transited the new locks. Container ships represent approximately 46.8 percent of traffic through the Expanded Canal, and the Panama Canal Authority has welcomed 15 new liner services. 

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Hapag-Lloyd and UASC Merger is Complete

Hapag-Lloyd and UASC Merger is Complete

On Wednesday, Hapag-Lloyd completed its long-awaited merger with UASC and turned its attention to integrating the world’s twelfth-largest container line into its business.

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E.U. Shipowners Set Brexit Priorities

E.U. Shipowners Set Brexit Priorities

European shipowners have set out their priorities for Brexit, saying it is a process fraught with many uncertainties and that the current operating climate should be preserved.

The European Community Shipowners’ Associations (ECSA) highlights that free movement of goods and people is central to E.U. Legislation.

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Big, Bigger, Biggest, Maersk

Big, Bigger, Biggest, Maersk

Would you rather spend money on ships or frozen pizza? For Maersk, at least, the answer is ships. The Danish conglomerate has made a $4 billion offer – pending approval from regulators – to acquire Dr. August Oetker KG’s famous red shipping line, Hamburg-Südamerikanische Dampfschiffahrtsgesellschaft KG (Hamburg Süd).

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