Daily Archives: March 14, 2019

Choosing Container carriers in a more consolidated industry

The aftermath of the Hanjin bankcruptcy covered in Blog 1 was a spate of consolidation.
This has changed the ocean buying position for BCO’s and NVOCC’s.
Joyce Choy – Shipping Masters Development Director – provides some useful rules of the road in negotiating good rates but also maintaining options and spreading risk.

Is the size of ship a port can take the pivotal criteria in its competitiveness ?

Shipping Master’s MD, Jeremy Masters, highlights some other factors that are critical in carrier’s port selections – most particularly size of the hinterland market and cost and service level to access that market.
He concludes that in many regional ports other factors trump ship size and make those ports very successful without taking the largest ships.