The decrease in dwell time has been aided by the shift in trade patterns, with many shippers opting to use the Port of New York and New Jersey instead.
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.
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 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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