Carriers introduce surcharges as congestion builds at African ports
Carriers are beginning to impose congestion surcharges on shipments into African ports as the continent ...
Singapore-based shipping line NOL posted a net loss of $181m in 2015, after a disastrous fourth quarter which saw its APL container line heavily discounting freight rates to fill ships.
Although the result represented a 30% improvement on the $260m loss in 2014, the company was obliged to ...
Comment on this article
John Roberts
February 23, 2016 at 3:34 pmSome heads need to roll there. Anyone who is in charge of a company losing HALF A MILLION DOLLARS PER DAY is not doing a very good job.