Shipping News – Page 251

Alphaliner: HMM to Add 34 Ships to THE Alliance’s Network in 2020

The company would contribute 519,000 TEU in ships to the network, Alphaliner cited HMM’s earlier revealed plans.

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On August 20, the company confirmed it received a financing letter from an undisclosed bank in relation to the loan.

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The new 174,000 cbm unit is scheduled for delivery by the fourth quarter of 2021.

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Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly volatile.

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Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

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