The world’s biggest container ship, the 24,000-teu Ever Alot is now on the water. CMA CGM has handed out "exceptional" bonuses to staff after reporting a tenfold increase in quarterly profits.

Freight rates have dipped slightly but are tipped to rise again on the booming transpacific liner trade as competition regulators circle.

It’s all just another week of eye-catching media headlines in the dizzying world of liner shipping where the oceans are awash with money.