European importers face backlogs as rail delays exacerbate port congestion
At major ports in Germany, port and rail infrastructure disruptions are causing significant delays – ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Just the news that shipping, port and freight interests in Hamburg did not want to hear – only an outright rejection of the plans would have been worse. The route between Germany’s largest port and the deepsea shipping lanes of the North Sea needs to be deepened if Hamburg can reasonably expect to continue as a hub for the largest containerships. Its current limitations have been exposed this year – its restricted draught means that ultra-large container ships have to wait for high tide before they can berth which, along with poor schedule reliability, has led to the port experiencing chronic congestion this year.
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