DCT Gdańsk is the largest container terminal on the Baltic Sea. Since the start of its operations in 2007, two deep-water quays (T1 and T2 - launched in 2007 and 2016 respectively) have been built with a total capacity of 3 million TEU.
The Federal Maritime Commission plans to audit nine of the largest container carriers operating in U.S. markets to find out if they are using their market power to overcharge shippers on detention and demurrage fees.
There are almost no container ships in the world left for liners to charter. Secondhand purchase prices are through the roof. It takes two years or more to get a newly built ship. How can liners find more capacity? Liners already gave an answer: speed up.
The time container ships spend waiting on anchor for berths more than doubled since 2019, according to IHS Markit’s Port Performance Data. North America saw the biggest deterioration with vessels spending on average 33 hours on anchor in May 2021 vs an average of just 8 hours in May 2019.
A serious disruption to South Africa supply chains has been caused by the civil unrest in the country with the situation being tense due to rioting, looting and burning of vehicles across the country.
In the face of a prolonged crisis in sending export cargoes, Bangladeshi shippers have decided to persuade larger vessel owners to operate direct service from Chittagong port to the ports in US and Europe to face the challenges.
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