Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
Australian container supply chains could be set to change after the first call of an 8,000 teu-plus vessel at the port of Melbourne as carriers seek to capitalise on soaring Asia-Australasia demand.
Melbourne’s ICTSI-operated Victoria International Container Terminal (IVICT) last week handled the 8,063 teu OOCL Seoul, the first call of the enlarged joint Asia-Australia service operated by OCCL, Cosco and ANL, which upgraded its vessel sizes from 5,500-6,000 teu to 8,000-8,900 teu following successful berthing trials at the port.
“The vessel’s arrival ...
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