Cargo owners face surcharges just to secure slots, on top of high ocean rates. There is some evidence that desperate shippers are paying close to $20,000 to ship a container to northern Europe
Danish bunkering company Monjasa hired Deloitte to help it measure its climate impact, noting shifting attitudes in the industry
GSBN designers from Hapag-Lloyd have also explained reasons why the German carrier joined the blockchain-based shipping platform as a founding member
Measures have already been taken to expand the carrying capacities on trade routes such as such as India-Europe and intra-Europe markets, as the management foresee a further manufacturing migration from China
The race is now on to develop the most cost-effective means of shipping and storing LNG in smaller volumes
Rather than creating room for repairing the bilateral relationships, the withdrawal of the US tariffs on China could be a portent of even worse clashes between the two superpowers, such as sanctions to be imposed on each other
Maersk bet the farm on selling off non-core assets and focusing on container logistics. The gamble appears to have worked, with the company’s ocean customers voting with their wallets by taking up its logistics services
US ports ‘require better landside and waterside connections to facilitate trade and to remain globally competitive,’ said Earl Blumenauer, chairman of the House Ways and Means Subcommittee on Trade
Congestion at Europe’s key hubs has not increased significantly because of the Suez Canal closure. But the relief was relative in an already highly disrupted supply chain
Synergy chief executive Rajesh Unni says the humanitarian crisis brewing at sea calls for solidarity, co-ordination and decisive policy
Large-scale risks continue to exist within the containerised supply chain. But shippers need to ask if they are prepared to pay for greater resilience
The bill would force Canadian Union of Public Employees and Montreal’s Maritime Employers Association to submit to a mediation process and give the mediator power to arbitrate any disputes
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