Big year for reefer leasing

OOCL, part of COSCO Shipping Group, resumes biofuel trials as it welcomes final mega 24,188 TEU mega vessel to its fleet.

It has emerged that Textainer is in talks to acquire Seaco Global, a deal that would almost certainly raise issues about the level of market concentration in the container leasing industry.

There was a necessity to develop a service that enables long-term ocean transportation utilising refrigerated storage technology with minimal quality loss.

The Washington (DC) headquartered World Shipping Council, which represents the interests of the world’s main liner shipping companies, has proposed a new pricing system that it believes can close the gap between the price of fossil fuels and green fuels.

The Ocean Alliance with its 40 services across the main east-west network would dominate in all trade lanes apart from the transatlantic.

Members of THE Alliance have stressed to their customers and stakeholders that operations will “continue as normal throughout 2024”.