AP Møller-Mærsk – D&D-propelled earnings marvel
Moving parts
The port of Tanjung Pelepas (PTP) reported a record-breaking month, without congestion, in July, but Maersk yesterday advised customers it would omit some calls there due to cargo backlogs.
However, PTP today affirmed to The Loadstar:“There is no congestion currently being experienced at its port terminal.”
The port handled a record 1.1m teu in July with no congestion – unlike rivals across several continents and regions, where significant port congestion resulted in substantial delays in vessel schedules and serious disruption to global ...
European port congestion now at five-to-six days, and getting worse
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