Five things to know about the Chinese logistics market this year
An interesting little bit of crystal ball gazing from US consultancy McKinsey from late February ...
The Loadstar does not normally cover the dry bulk shipping industry – it is essentially business of basic commodity flows and has little effect on the day-to-day business of our readership. However, occasionally some development takes place that is Big News. In this instance it is a deal between Chinese dry bulk ship operator Shandong Shipping, and Brazilian iron ore mining conglomerate Vale, which has built a series of 400,000dwt mega-sized bulk carriers to make it cheaper to transport its ore to China. However, it made it so cheap to transport that domestic Chinese shipping interests managed to persuade Beijing to ban the vessels from Chinese ports on safety grounds, and creating a two-year impasse that has confounded the shipping world. This article from Tradewinds relates the strange twists and turns.
Maersk confident of contract integrity, as it builds $19bn M&A war-chest
Pockets of demand will drive peak on Asia Pacific tradelanes, believes Maersk
Containership owners will no longer 'pull down their pants' for the charterers
Maersk buys Martin Bencher Group and launches global project logistics unit
Atlas Air execs eye millions in bonuses from Apollo consortium takeover
Shipping lines seem unfazed by Chinese 'war games' in Taiwan Strait
Maersk cuts import box dwell time at US ports to nine days
What's the future for Atlas Air as Apollo consortium takeover looms?
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