Jury still out on benefits of index-linked contracts for shippers
Freight index platforms are keen to push index-linked agreements (ILAs), but there are questions about ...
Port infrastructures are finite resources that, when used at their limits, become easily disrupted. Recently, at the US west coast ports of Long Beach, Los Angeles and Oakland, vessel waiting times reached extraordinary levels, with some of the largest ships waiting nearly three weeks to get a berth.
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Figure 1: Average waiting times (days) in 4 weeks periods for 451 containerships that made 2400 port calls to port of Oakland (1222 calls) and port of Long Beach (1178 calls) during the ...
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