WSJ: Shipping tycoons discuss separating Panama ports from Hutchison deal
WSJ reports: The billionaires behind the MSC shipping empire are discussing carving out two Panama ports ...
As consumer demand in Europe and North America drops off a cliff, fears have grown among logistics operators of an impending container congestion crisis at import destinations as shipments arranged before widespread social lockdowns have continued towards their destinations.
In response, MSC has introduced a suspension of transit (SOT) programme to help shippers and their freight service providers prevent container exports out of Asia building up at ports, by offering terminal yard storage capacity.
The line has secured capacity at some of ...
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