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Monday, July 22, 2019

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  • Far East Maritime (2) (X)

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Scary stuff from the experts, but 'wait and see' is the best advice

Posted to Far East Maritime (by Greg Knowler) on April 13, 2012

Container shipping lines, and their bulk carrying counterparts, are being squeezed from both sides of their balance sheets. The top lines are throttled by excess capacity and poor freight rate levels, while the bottom lines are hammered by rising fuel costs.

South China terminals face capacity overhang as demand falters

Posted to Far East Maritime (by Greg Knowler) on March 15, 2012

South China’s annual throughput was close to 60 million TEUs last year. There is no cluster of ports in the world that can boast that kind of volume, which enabled the province of Guangdong to claim a third of China exports. The rise of manufacturing…