Fuel crisis drives hefty CMA CGM surcharges on India-Africa cargo
The increasing volatility of fuel prices is adding to logistics cost pressures for Indian exporters/importers. The ...
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The headline news is the planned €1bn investment from APM Terminals and German stevedore Eurogate into the upgrade of their joint-venture North Sea Terminal Bremerhaven facility.
Why it matters
The development is significant, for a number of reasons.
For one thing, it’s going to a big and costly retrofit automation project which will likely set another milestone in the development of port technology; then, it further condenses the operating and ownership structure of Germany’s container gateways; furthermore, once complete it could allow not ...
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