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Maersk Line may lose its crown as the world’s largest container shipping line within three years as a result of its attempts to limit capacity.
According to new research, published by shipping consultancy Alphaliner, Maresk’s decision not to place orders for new ships until 2015 at the earliest, should be viewed in conjunction with its stated intention to return chartered tonnage to its owners as its Triple-E vessels are delivered over the course of the next two years.
“Maersk’s reluctance to add to its immediate orderbook could see its global capacity share drop from 14.9% to 14% by 2016,” Alphaliner wrote.
More at the Loadstar

Source: Statesman Journal

Source: Chicago Tribune

Nov. 8 will be Geraldine Knatz’s last day on the job as general manager of the Los Angeles Harbor Department.
Newly elected Los Angeles Mayor Eric Garcetti announced her retirement, the first in what is expected to be some staff shake-ups under the new city administration.
Knatz will assist during the transition period through the end of the year as Gary Lee Moore, city engineer and general manager of the Bureau of Engineering, takes the role of acting port general manager until a permanent replacement is found.
More at the Daily Breeze