New offtake deal propels Maersk to meet over half of its 2027 methanol demand
NewsMaersk has secured combined offtake agreements that now meet over 50% of the projected demand for its dual-fuel methanol vessels in 2027.
Asia/Europe mayhem
The Asia/Europe trade is proving to be one of the most challenging in the world for liner shipping companies this year. The slump in demand has been a major factor, with data published by Container Trades Statistics showing that up to the end of July, box traffic had declined almost 5% to 8.6M TEU. In the corresponding period of 2014, 9M TEU had been shipped.
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