The cloud-based rate management software provider launched a new upload platform to give forwarders and shippers access to real-time carrier rate and surcharge changes.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and for general corporate purposes.
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Ocean carriers Maersk Line of Denmark, CMA CGM of France and Hapag-Lloyd of Germany issued freight rate increases.
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.
The global shipping consultancy said there will be minimal aggregate multipurpose fleet growth to 2020, due to increased demolition levels in the multipurpose and competing sectors, combined with the decreased number of newbuilding orders.