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 »
Labour disputes at key maritime gateways are continuing to spread, increasing port delays and disrupting international supply chains, fuelled by an escalating cost of living crisis. While much attention has been focused on European and North American d…
Strike action continues to plague ports and international supply chains Read More »
Container terminals depend on carrier calls to generate business, which can vary according to market developments and liner network changes, which have been highly volatile of late. Hence, gaining carrier commitment, ideally through investment, is seen…
Carrier commitment key to success for container terminal investments Read More »
Today, all stakeholders agree that the decarbonization of shipping is a key priority. We are united in working toward the IMO’s goal for 2050 of reducing overall greenhouse gas emissions from vessels by 50 percent from 2008 levels. However, while discu…
First-of-its-kind Study Finds JIT Dramatically Cuts Emissions Read More »