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Friday, November 27, 2020

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  • Far East Maritime (2) (X)

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Rates hit lowest levels ever, GRIs reach for record highs – go figure

Posted to Far East Maritime (by Greg Knowler) on October 10, 2013

Here's the story so far ... European demand for containerized imports from China vanished as the continent melted down into a steaming pile of sovereign debt. Meanwhile, the ever-optimistic and market share protecting shipping lines continued to place orders for new ships.

Transhipment business model no good for Hong Kong

Posted to Far East Maritime (by Greg Knowler) on May 7, 2013

Some ports lend themselves, via geographic location or strategy, to transshipment. Singapore, for instance, had a throughput of 31.6 million TEUs in 2012, but more than 90 percent was comprised of containers in transit. Geographically, Singapore…