Insight into the world of shipping, with a large shipping company delinquent in payments on charters to its shipowners. It’s risky to own ships today, with rates so low and volatile.
In an e-mailed response to The Loadstar today, Hanjin Shipping would not be drawn on the renewed suggestions from a South Korean government official of a merger with Hyundai Merchant Marine (HMM), merely offering a “no comment”.
Source: Hanjin charter cut negotiations hobbled by hire arrears
A nice summary of the improvements at a few ports to get ready for the Panama Canal widening.
Source: Major ports get big-ship ready | Global Trade Magazine
Posted in Ports, Shipping, Supply Chains
Tagged infrastructure, Logistics, panama canal, ports, Shipping, supply chains
Another merger in the US 3PL space.
Hong Kong’s largest 3PL is breaking into the US market with the acquisition of freight forwarder Apex Maritime
Source: Kerry Logistics acquires US forwarder and transpacific specialist Apex Maritime – The Loadstar
Posted in Ports, Shipping, Supply Chains
Tagged intermodal, Logistics, mergers, ports, Shipping
Supply Chain Digest Port Technology International Marine Link
Supply Chain and Logistics 