Regional Container Lines (RCL), Gold Star Line, KMTC, TS Line and SM Line, are launching a new service connecting China, Pakistan and the Middle East.
While the there is an inherent attraction to order megavessel newbuildings in the current financing and market environment, it is still unclear as to how they benefit the lines.
DP World is to build a new 400 m berth at the port of Caucedo in the Dominican Republic.
Nearly all of the Port of Durban had reopened to marine operations by 4pm on Thursday, however, some issues remained with terminal handling equipment damaged in Tuesday’s storms.
While the top 10 lines at the moment look relatively stable, smaller regional lines that focus on just the Pacific trades for example, would be the next likely candidates for…
The Port of Durban is expected to re-open at midday on Thursday after surveys to assess damage from Tuesday's storms that left three vessels grounded and sank a floating dock.
Ports having to deal with mega-vessels potentially have to face all the challenges but with little of the upside from any increase in call size.