Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
Ships running off-schedule and not making berthing windows, cargo peaks caused by the introduction of larger vessels, and fears of strikes or shutdowns are some of the main reasons why port congestion at the world’s container terminals is once again a big talking point, according to Drewry. In the transport consultant’s Container Insight Weekly its analysis concludes that the issue is not restricted to one part of the world although it says that certain regions may be at greater risk of congestion in the longer term. Getting an ultra-large container ship discharged is the priority for ship operators but thereafter landside congestion, caused by truck shortages and a vicious circle of slow turnarounds, is a further burden for retailers struggling to keep the supply chain moving and their stocks replenished.
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