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Thursday, November 26, 2020

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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…

Dry bulk sector has gotten a bit too bulky

Posted to Far East Maritime (by Greg Knowler) on April 14, 2011

A Cargill International executive said in Singapore that dry cargo ships totaling 106 million dwt would be delivered this year. The cascade of new capacity would boost the world’s fleet by 17 percent, while the dry bulk market was only expected to grow by 7.5 percent.