Transhipment

More misery for Bangladeshi fashion houses as prices fall below cost

Bangladesh’s apparel makers are now working at below cost – or shutting their doors as lockdowns around the world continue to dampen demand,
The closure of just one apparel factory last week saw 6,000 Bangladeshi workers jobless, and others with no new orders are considering closure .
Lenny Fashions, located in the Dhaka Export Processing Zone, is a subsidiary of Hong Kong-based Must Garment, and closed on 1 February, owing to a …

The post More misery for Bangladeshi fashion houses as prices...

https://theloadstar.com/more-misery-for-bangladeshi-fashion-houses-as-prices-fall-below-cost/

Ocean Insight Reports An Increase In Rollover Rates In The World’s Top 20 Ports

Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights, reports Seatrade Maritime News.

Rollover rates

Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark. The level of rollovers is calculated on the basis of percentage of cargo from a line that left...

https://mfame.guru/ocean-insight-reports-an-increase-in-rollover-rates-in-the-worlds-top-20-ports/

Ambitious Sri Lanka wants to become a global maritime and logistics centre

Sri Lanka has ambitions to move up from being a south Asia transhipment hub to a global maritime and logistics centre on a par with Dubai and Singapore.
“Geographically, what a lot of people don’t understand, is Sri Lanka has immense advantages,” said Rohan Masakorala, chief executive of Shippers’ Academy Colombo.
“We’re in the middle of the Indian Ocean, with these two hubs almost equally either side: Sri Lanka is four days’ …

The post Ambitious Sri Lanka wants to become a global maritime and...

https://theloadstar.com/ambitious-sri-lanka-wants-to-become-a-global-maritime-and-logistics-centre/

Warning to carriers: more transhipment likely after IMO 2020

Analysts predict that the impact of IMO 2020 will mean slower ships and more transhipment.
This would be a further blow to shippers who also face additional costs to compensate carriers for using cleaner fuel from 1 January.
Shippers may dislike surcharges, but they universally hate transhipment, as it introduces another level of risk to the supply chain.
Ocean carriers face a challenging period when they need to obtain acceptance from their customers …

The post Warning to carriers: more...

https://theloadstar.com/warning-to-carriers-more-transhipment-likely-after-imo-2020/

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