Asia and Africa soak up new shipping capacity as US trades tread water
More than half of the new containership capacity added to global markets in the past ...
The Middle East transhipment business has evolved significantly this year, following the reorganisation of the global shipping alliances, with the three key hubs of Dubai’s Jebel Ali, Abu Dhabi’s Khalifa port, and Oman’s Salalah all enjoying a cargo boom.
A reversal in fortunes has been most noticeable at Salalah, which began to see a decline in volumes in 2022, following several years of extremely high yard utilisation that inevitably impacted operations and efficiency for its shipping lines – chiefly Maersk, which ...
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