Outdated technology and common mistakes shippers make can cost shippers thousands of dollars or more.. In this series of Executive Insights, we chat with the CEO of Haven – Matthew Tillman on what shippers can do to reduce error and cut costs..
South Africa has one of the highest youth unemployment rates in Africa (at 52%). Africa also has the youngest population in the world and according to the African Economic Outlook report, this number is growing.
The continent in general, and South Africa in particular, also has a huge youth unemployment issue, a story that is often told alongside that of the continent’s economic growth prospects.
Maritime Industry is a key driver of growth and is of paramount importance to South Africa and the African continent.
One organisation has its focus on growing and developing the next generation of industry leaders for the Maritime Industry, and investing in a future maritime generation through education.
As far as container shipping is concerned, the current decade or the period since Y2K has probably seen the most number of consolidations, mergers, acquisitions and alliances than any other period in container shipping history..
Could ONE (Ocean Network Express) which is the latest, be probably the last one (at least for now) in the string of consolidations, mergers and acquisitions..??
This is a question that has arisen on the back of rising demurrage and detention charges incurred due to port and terminal congestion at key USA gateways such as Los-Angeles/Long Beach on the West Coast and New York-New Jersey on the East Coast..
Are demurrage and detention charges paid by the shippers to the ports, terminal and shipping lines justified especially in light of the port congestion..??