Charter market gets a boost as carriers look to plug holes in networks
Enforced schedule changes, with ships diverted via the Cape of Good Hope due to Houthi ...
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 served as a wake-up call – this is not a sustainable way of doing business,” Alessandro Menezes, associate director, transportation sourcing, at petrochemical shipper Vinmar, told delegates.
“There is a risk factor for ports, with 80% of ...
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Comment on this article
Neil Davidson
December 07, 2016 at 3:20 pmThe Loadstar story echoes my own concerns: https://www.drewry.co.uk/news/carriers-playing-poker-with-ports-warns-new-report