Box capacity rebounds

[intro] Global container shipping capacity is rebounding as ocean cargo carriers reactivate their idle container fleets for the summer peak shipping season, according to industry analyst Alphaliner. [/intro]

Over the last month, fleet reactivation had slashed by almost a third the capacity earlier idled by shipping operators, Alphaliner said. In the four days to May 7 alone, 22,766 twenty-foot equivalent units (TEUs) of idle containers were added to the active capacity, data supplied by Alphaliner showed. The decline in the idle fleet over the last month has added vessel capacity equivalent to 293,000 TEUs to global trade lanes, which could slow or erode freight rate increases imposed in recent months to and from China.

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Fight against piracy

[intro] Fight maritime piracy with military and state-building, say MEPs. [/intro]

MEPs say the fight against piracy off the east-African coast cannot be won by military means alone. In a resolution adopted this week, by 434 votes to 100, with five abstentions, they urge member states to strengthen the EU naval protection force and finance efforts to tackle the causes of piracy. They also call for special courts for pirates. The EU and NATO should coordinate better to meet the growing threat to international vessels from piracy and armed robbery at sea, particularly off the coast of Somalia and the Horn of Africa. MEPs deplore the fact that EU countries cut the number of EU NAVFOR vessels from eight to only two or three at the start of 2012 and demand “more naval assets to enable the ATALANTA operation to succeed”.

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