COVID-19 the pandemic that came into the limelight in December 2019 has now spread to every country around the world. This has caused major economic and social disruptions with far reaching impacts on global supply chains..
One of the key issues is the impact COVID-19 is having on port calls and particularly, the issue of blank sailings..
Ocean Insights has released some key data on the effects of COVID-19 on global port calls alongwith a free tracker to monitor blank sailings..
Demurrage and Detention has been a bone of contention between shipping lines and customers for several years..
Shipping lines have been charging demurrage and detention costs on containers that the customers do not pick up or turn in on time, a situation that prevents shipping lines from utilising their equipment effectively..
Customers (importers mainly) on the other hand have been complaining about shipping lines using unfair practices when charging demurrage and detention even if the fault is not on their side..
Maybe there is truth on both sides and in terms of this issue, the Federal Maritime Commission (FMC) is not leaving anything to chance..
The FMC has called for public comment on its Interpretive Rule on Demurrage and Detention under the Shipping Act and in assessing just and reasonable regulations and practices relating to demurrage and detention charges..
DP World who are well known for their container terminal operations around the world has come up with an innovative solution which is designed to transform the way containers are handled in container terminals – whether greenfield or brownfield..
A greenfield terminal is a newly built terminal built from scratch for the purpose of container terminal operations, whereas a brownfield terminal is an already existing container terminal which needs to be modified or upgraded and has several infrastructure or development constraints such as space..
In this day and age where the urban world is facing space constraints in terms of land, whether it is buildings or container terminal storage, the only way seems to be UP..
A new joint venture between global trade enabler DP World and industrial engineering specialists, SMS Group has done just that by launching BOXBAY – a new high bay container storage system that will transform the way containers are handled in the ports it operates in..