The impact of the closures on cargo flow was limited due to low volumes, though one container ship scheduled to go to a berth today was delayed and loitering offshore.
The Croatian government awarded a $3 billion contract to build and operate a container terminal to Maersk-owned APM Terminals, after canceling a tender that had been given to three Chinese state-owned companies.
The ability to expand your reach to buyers across the globe can push your company to the next level of success, but even businesses with great domestic accomplishments sometimes find themselves facing significant barriers to globalization they did not anticipate
P&O Ferries, owned by DP World, laid off hundreds of seafarers in March 2022 and replaced them with foreign agency workers paid less than the minimum wage.
The request came as cargo volumes have dropped off at West Coast ports, in part because retailers and importers have sought to avoid potential disruption and delays because of the labor negotiations.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
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