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Port congestion is getting worse in container shipping: who is responsible?

Port bottlenecks in several regions are disrupting trade with Maersk recently highlighting what it says has been 15 years of underinvestment in port infrastructure. Drewry provides insight into this complex issue and what to expect. Drewry’s new “market signals” risk summary shows a clear deterioration in two key metrics: global average waiting times are getting ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Business

Newbuilding Activity Still Strong

Ship owners have kept investing in more newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with…

  • International Seaways contracts four 65,000 dwt product tankers from K Shipbuilding.
  • Greek owner Minerva Dry orders two 3,100 teu container ships from Hengli Heavy Industries.
  • Centrofin Management places two orders for 6,000 teu container ships at Hengli Heavy Industries.

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