Hong Kong drops out of world's top 10 busiest container ports
Hong Kong fell out of the world’s top 10 container ports last year, for the ...
The port of New York and New Jersey is expected to re-open today after a two-day closure triggered by the winter storm, Juno. The terminals have warned that there will be congestion and delays as there is a backlog of containers and that truckers cannot queue on the road. For the latest updates, go to Inchcape Shipping’s website. A perhaps more interesting angle on the east coast storms comes from supply chain specialist Kevin O’Marah in Forbes, who notes that weather patterns can provide an opportunity for local bricks and mortar retailers to gain an advantage over their online rivals. Consumer demand is predictable, so why not benefit, he argues.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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