A Malaysian politician has been slammed as “irresponsible” after calling for a truck driver strike at Port Klang, even as the major South-east Asian transhipment hub grapples with severe yard congestion.
Last week, assemblyman Azmizam Zaman Huri reportedly said truck drivers serving Port Klang could strike if the government didn’t upgrade roads leading into to the port.
But neither the truckers nor trucking associations have made such a claim, according to one …
The post Workers reject...
Cargo owners at India’s hinterland points of Chennai and Kolkata are rerouting more shipments to JNPT (Nhava Sheva) or Mundra instead of feedering to hub or intermediate ports in South Asia for mainline, long-haul connectivity.
These are usually Colombo (Sri Lanka), Singapore and Port Klang (Malaysia) .
What became the driving force in helping shippers alter their long-time supply chain pursuits away from transhipment is the introduction of block-train services by major …
The post Indian...
https://theloadstar.com/indian-shippers-re-route-more-transhipment-cargo-to-nhava-sheva-and-mundra/
The knock-on effects of the blockage of the Suez Canal is likely to impact North Europe supply chains until June.
Container hub ports that used the week-long lull from ship arrival delays to prepare their landside facilities for the box onslaught are now “full to the brim”, according to a carrier source.
Container lines have discharged Asian imports wherever they can to turn ships around in North Europe as quickly as possible …
The post Good news, bad news ‘and even worse news’ from congested...
https://theloadstar.com/good-news-bad-news-and-even-worse-news-from-congested-euro-ports/
French carrier CMA CGM has cemented its port investment position in the Gibraltar straits after completing its acquisition of 50% of HMM’s Total Terminal International Algeciras facility, following approval from the Spanish port authority.
CMA CGM has taken a 25.5% stake in TTIA, with investment fund partner DIF Capital Partners taking 24.5%, leaving HMM with a 50%+ one share stake.
The deal makes CMA CGM the second major carrier, after Maersk, to …
The post CMA CGM closes deal giving it 25.5%...
https://theloadstar.com/cma-cgm-closes-deal-giving-it-25-5-stake-in-ttia-terminal-at-algeciras/
Malaysia’s port of Tanjung Pelepas (PTP) saw 8% growth in 2020, to a record-breaking 9.8m teu, making it an outlier among South-east Asia’s competing transhipment hubs.
The growth the port, which is operated by Maersk subsidiary APM Terminals as the carrier’s key transhipment hub in the region, came despite global economic uncertainties and the Covid-crisis .
PTP CEO Marco Neelsen explained the reasons: “A surge in extra transhipment volumes, due to the …
The post Surge in transhipment traffic...
India has offered Bangladesh shippers the use of its seaports for export and import trade to third countries.
The offer came during a virtual meeting last week between the prime ministers of the two countries, as the regional transhipment hub ports of Singapore, Colombo and Port Klang, with limited manpower during the pandemic and facing severe congestion, are struggling to handle containers.
“We have offered the use of our seaports to Bangladesh for …
2M partners Maersk and MSC are swapping Felixstowe for Liverpool on their TA2/NEUATL2 transatlantic loop from the end of the year, in order to “provide stability to the service”.
The last sailing from Felixstowe will be by the 8,822 teu MSC Athens in week 51, with the first sailing from Liverpool by the 6,478 teu Maersk Sembawang planned for the following week.
“After careful evaluation of our network covering North Europe to/from …
The post Maersk and MSC drop Felixstowe from transatlantic...
A backlog of 50,000 teu at the port of Colombo is causing chaos for South Asian transhipment cargo.
The capital of Sri Lanka has been under a Covid-lockdown for the past couple of weeks, while a labour shortage at the city’s container terminals has caused congestion since early October.
Now the bottleneck is impacting supply chains in neighbouring India and Bangladesh.
Rohan Masakorala, chief executive of Shippers’ Academy Colombo, said the port of …
The post Colombo port congestion: 50,000 teu...
https://theloadstar.com/colombo-port-congestion-50000-teu-logjam-drives-delays-and-rate-hikes/
Feeder vessel operators to and from Chittagong and the hubs of Colombo, Singapore and Port Klang are to slap emergency cost recovery surcharges (ECRS) on outbound and inbound shipments to Bangladesh.
The moves comes amid acute congestion at the hubs, linked to pandemic-related reduced numbers of port workers,
Feeder vessels calling at Colombo are facing waits of up to five days and, in Singapore, more than two days to get a berth. …
The post Colombo port congestion brings extra expense for...
https://theloadstar.com/colombo-port-congestion-brings-extra-expense-for-bangladeshi-shippers/
Fewer containers are being ‘rolled’ at major ports, according to new data from predictive ocean container tracking data provider Ocean Insights.
It has revealed that the rate of container rollovers at the world’s largest transhipment ports has begun to decline as carriers have returned capacity to major trades – but the number remains significantly higher than a year ago.
According to Ocean Insights, the percentage of transhipment containers rolled at the world’s …
The post Fewer transhipment...
https://theloadstar.com/fewer-transhipment-boxes-being-rolled-as-capacity-returns-to-major-trades/