Colombo capacity crunch adding to container line woes
Container lines are facing severe capacity problems at Sri Lanka’s Colombo port, as they reshuffle ...
There has been a lot of discussion over the past fortnight on Maersk’s decision to send its vessels to the Indian beaches of Alang and elsewhere in the subcontinent for scrapping. The world’s largest shipping line has found itself caught in a corporate social responsibility nightmare as it appeared to renege on its commitments not to sell its ships for scrap in the region – which is characterised by some of the worst working conditions in the world – while at the same time trying to restore a balance sheet decimated by the terrible shipping markets. Many carriers would simply ignore the clamour and continue the time-honoured shipping tradition of blank silence. So Maersk head of sustainability Annette Stube should be praised for this op-ed piece that explains the carrier’s position: “When we decided to collaborate with shipyards in India we were fully aware of the risk of being criticised for the yards not yet fully observing the rules.”
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Global airfreight volumes blooming as flower shipments take off
Comment on this article