Bangladesh looks at demurrage waiver as containers pile up in Chittagong
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Problems at one port simply represent opportunity for another. While the continuing trucker strike at Port Metro Vancouver, which is said to be costing the Canadian economy C$885m per week, has shifted cargo to other west coast ports, over on the eastern seaboard. Montreal is hoping to benefit from congestion at its US counterparts. The incoming president of Montreal Gateway Terminals Partnership, which already sees 35% of its volumes coming from or to the US, is rubbing his hands in glee at the congestion in NY/New Jersey.
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