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 ...
The heightened terminal capacity pressure at Sri Lanka’s Colombo Port, amid volume spikes from the Red Sea crisis-linked diversions, is prompting container lines to explore other viable hub options in the subcontinent region.
According to industry sources, Maersk has devised a network revamp plan to shift some of its transhipment calls for Indian cargo usually moving via Colombo, to Vizhinjam Port, a new southern India harbour set to begin operations soon.
Vizhinjam is an Adani Group-led greenfield terminal development, stamping India’s hub ...
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