News / Crunch time approaching fast for ports and terminals as shipping alliances look to cut costs

07/12/2016

The next big losers in the shipping industry crisis are likely to be ports and terminals, leading to a decline in safety and services.

Yesterday, at TOC Middle East, shippers, analysts and forwarders urged the sector to halt the price race-to-the-bottom across the supply chain, to protect the remaining players.

“The Hanjin episode ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber

LOGIN

Please either REGISTER or login below to continue. Forgotten your password? Please click here.

Email*
Password*

Reset Your Password

<< Go back

Email*

Comment on this article

You must be logged in to post a comment.

Neil Davidson
December 07, 2016 at 3:20 pm
The Loadstar story echoes my own concerns: https://www.drewry.co.uk/news/carriers-playing-poker-with-ports-warns-new-report

Log in to Reply