Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
ID 24771251 © Hongqi Zhang (aka Michael Zhang) | Dreamstime.com
Amid a fresh wave of congestion at South Africa’s ports, ICTSI chairman Enrique Razon has hit out at Maersk, which is disputing the Filipino terminal operator winning a concession at Durban.
In March, South African state-owned rail and port operator Transnet announced that ICTSI was the preferred bidder for the 25-year concession to operate the Pier 2 terminal, which handles around 72% of Durban’s container traffic and 42% of the country’s box throughput.
However, after Maersk subsidiary APM Terminals launched legal action ...
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