Durban Pier 2 development 'delayed by misdirection'
Durban’s Pier 2, South Africa’s main container gateway, continues to be regularly beset by severe ...
Despite revenue climbing some 10% over the six months to June, International Container Terminal Services (ICTSI) recorded a first-half profit fall of 6% year on year. Container News reports the decline was largely down to costs linked to the start-up of new terminals in Papua New Guinea and Australia. And it seems business otherwise is on the up. Volumes climbed around 4% on what ICTSI was doing a year ago, with around 4.7m teu being handled across its network of ports.
European port congestion now at five-to-six days, and getting worse
Keep our news independent, by supporting The Loadstar
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Comment on this article