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Ports and Logistics
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There was a considerable jump in the number of blank sailings announced on deepsea trades this week, while the Baltic Capesize Index moved into positive territory for the first time since late January
Prime Minister Lee Hsien Loong said the suspension would not apply to economic sectors deemed ‘strategic’ or that ‘form part of a global supply chain’
Box ports may face changing supply chain needs in a post-coronavirus world
After losing out in the bidding for Long Beach Container Terminal in southern California, Yildirim Group chairman Robert Yildirim has turned his attention to the US Gulf where he hopes to develop a terminal that will be handling more than 300,000 teu a year initially, with scope for further expansion as the facilities are upgraded
New wave of cuts likely as China export demand falls
In the coronavirus lockdown, video conferencing has come to the fore in the relationship building that forwarders rely on
Two dispatch halls had to be closed for cleaning and sanitising on Wednesday night, creating a labour shortage on the docks as workers could not be given their assignments. They reopened in time on Thursday for morning dispatches
Demand is falling but some goods are seeing sales surge, leading to fears of capacity shortages
The IAPH has also enlisted port economists to keep track of the economic implications of the outbreak for the sector, with weekly updates scheduled
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