Challenges Confronting The African Port Sector
Africa has abundant natural resources and favourable demographics, yet its ports sector faces many challenges. Read this article to know more.
Africa has abundant natural resources and favourable demographics, yet its ports sector faces many challenges. Read this article to know more.
The latest blow to international trade and global supply chains has fallen in the form of Trump’s tariffs, where, after assuming the presidency, Trump announced a raft of tariffs on most commodities imported into the USA.
With an aggregate enterprise value of $22.765 billion, the sale involves CK Hutchison’s 80% stake in Hutchison Ports with an equity value of $14.21 billion.
Under the Fixed Berthing Window system, ports and carriers agree on fixed berthing windows, i.e. pre-decided times when the container carrier’s vessel will arrive at the port and will be berthed. Know more inside the article.
The scope of Green Sustainable supply chains is broader, including reverse logistics, refurbishing and recycling options, and eco-friendly end-of-life-cycle disposal planning. Read the article to know more.
Learn about the measures port authorities and terminal operators can undertake to reduce direct and indirect emissions.
A specified quantity of cargo constitutes the shipper’s commitment to the carrier in return for competitive contract rates (which are lower than the prevailing spot rates) and is known as the Minimum Quantity Commitment (MQC). Find out more inside the article.
This article will explore ways through which Container carriers can counter (or at least mitigate) the debilitating impact of commoditisation of shipping services.
As we step into 2024, it would be worthwhile to review how 2023 was for the shipping and logistics industry to understand the underlying context, which in turn will facilitate a better appreciation of the trends and factors that are expected to influence the maritime industry in 2024.
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