Bangladesh looks at demurrage waiver as containers pile up in Chittagong
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
A ban on trucks in Manila between 5am and 9pm, to prevent “monstrous traffic”, has led to severe congestion at the port. Despite the subsequent opening of a “trade lane” to allow trucks to get to the port, there are still severe backlogs, and the government is becoming increasingly concerned about the impact on the economy. Food prices have hit a five-year high, while consumer prices are hovering near a three-year high. The government is appealing to shipping lines to visit other ports instead to ensure supply chain flows.
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