With one eye on industry shifts due to the changes in the key liner alliances, Malaysian port operator Westports Holdings is forecasting conservative container growth of between 1% and 5% this year, local media quoted ceo Ruben Emir Gnanalingam as saying.
Cosco Shipping Ports started the year on a good note with overall throughput rising 7% in January to 8.38m teu from 7.83m teu in the previous corresponding period.
A constant need for reassurance is one of the phenomena of our age. Stay in a hotel, communicate with your bank, have your car serviced and no sooner have you finished this commercial transaction and you will be invited to “rate your experience”. You may find this annoying, even insincere, but we are assured that it is because they are trying so hard to improve.
Containerised cargo moved by Panamanian ports fell 9.1% in 2016, the first time such a decrease has been recorded since the 2008 – 2009 economic crisis.
US East Coast ports have been investing heavily to serve containerships of up to 14,000 teu with the expansion of the Panama Canal that opened in late June last year – but have larger vessels come as had been hoped?