
Logfret InSights
Cambodia starts work on tripling its box handling capacity by 2029
The Cambodian prime minister was the guest of honor for the groundbreaking of a major new container terminal expansion at the kingdom’s main port.
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The Cambodian prime minister was the guest of honor for the groundbreaking of a major new container terminal expansion at the kingdom’s main port.
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The wave of charges typically levied on containerised freight has fallen into the crosshairs of the Dubai Maritime Authority (DMA), amplifying the controversial issue of transparency in supply chain costs.
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China’s May Day holiday, lasting five days from Saturday, will delay liner operators’ planned rate increases, and cargo volumes ex-Asia have dipped below expectations, further hampering contract negotiations with transpacific shippers.
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The recent uptick in container spot rates is “transitory”, according to maritime consultant Drewry, which remains “unconvinced freight rates have bottomed-out” and expects carrier losses.
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Global trade patterns are being remoulded at a fast clip, with reshoring now clearly diminishing China’s dominance in the transpacific box trades.
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New capacity in the passenger and freighter market is changing the parameters of air cargo this year.
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Taiwan’s Maritime Port Bureau said this week there was no longer any need for it to coordinate shipping capacity with the island’s three main liner operators.
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Carriers are working to modernize operations. Electronic air waybills are just the first step.
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The number of port strikes around the world has been growing over the past year, causing headaches for supply chain providers as well as distress for seafarers denied shore leave.
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Hong Kong International Airport (HKIA) retained its position as the world’s busiest cargo airport in 2022 despite the impact of Covid restrictions, according to statistics from Airports Council International.
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