Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days, up from nine days average between…
New solutions needed as waiting times at Brazilian ports reach 15 days Read More »
M&A-led growth strategies will propel leading regional terminal operators and container shipping lines into the global terminal operator rankings next year, according to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast…
Rising M&A to boost dominance of global container terminal operators Read More »
Transit times and productivity are back to normal at USWC ports, and with a new labour agreement finally in place between the PMA and ILWU, the ports are set for a normal peak season – all that’s missing are the volumes. But potential cargo diversion f…
Risk of rising congestion looms at San Pedro Bay ports Read More »
Labour contracts for US West Coast ports are signed for multi-year periods, with the current contract being a 3-year extension of the previous one that ended in June 2022. The original contract had a clause that prevented strikes, however the extension…
What Can Be the Impact on Shipping From Fallout in the US West Coast Labour Talks? Read More »
Despite the challenges of Covid-19 and port congestion, container terminal operators were successful in improving their profit margins in 2021 and 2022. However, the ports industry now faces the dual challenge of skyrocketing costs and market downturn,…
Margin pressure looms for container terminal operators Read More »