Far East Maritime
Big Three tie-up a good cost-reducing idea, but economic growth in Europe is what the East-West trades really need.
Posted to
Far East Maritime by
Greg Knowler
on
6/19/2013 5:28:37 AM | with
0 comments
If the cruise business has such a bright future, why don’t the cruise ship operators build their own passenger terminals?
Posted to
Far East Maritime by
Greg Knowler
on
6/13/2013 3:40:55 AM | with
2 comments
Human resources in the low cost production centre of the world are being steadily replaced, which may put the brakes on manufacturing moving out of the mainland.
Posted to
Far East Maritime by
Greg Knowler
on
5/31/2013 2:15:34 AM | with
0 comments
An anemic US economy and way too much space dealt shippers all the best cards as they squared off with carriers in the annual staring contest to determine contract rates.
Posted to
Far East Maritime by
Greg Knowler
on
5/29/2013 12:28:36 AM | with
0 comments
Do we sense a touch of desperation from the executive corridors of Maersk Line as the Triple-E delivery dates approach?
Posted to
Far East Maritime by
Greg Knowler
on
5/21/2013 11:07:48 PM | with
0 comments
High costs and falling yields are not the ingredients of a winning formula.
Posted to
Far East Maritime by
Greg Knowler
on
5/14/2013 9:14:40 PM | with
0 comments
Low value business brings little economic benefits to a port set up as a gateway to China.
Posted to
Far East Maritime by
Greg Knowler
on
5/7/2013 10:50:46 PM | with
0 comments
When all the talk is about excess capacity and freight rates being destroyed by the glut of capacity, why would a China carrier go and order Maersk-sized vessels?
Posted to
Far East Maritime by
Greg Knowler
on
5/3/2013 10:40:05 AM | with
2 comments
Agenda-driven unions are working hard to ignite public support for the striking Hong Kong container handlers, but no one really seems to care.
Posted to
Far East Maritime by
Greg Knowler
on
4/30/2013 9:29:15 PM | with
0 comments
The strike of contracted workers serving Hutchison-owned Hongkong International Terminals is moving into its fourth week with little chance it will be resolved soon.
Posted to
Far East Maritime by
Greg Knowler
on
4/23/2013 8:46:36 PM | with
0 comments
While container throughput slacks off in the Pearl River Delta ports, shippers in east China’s Zhejiang Province are keeping the box tallying people busy.
Posted to
Far East Maritime by
Greg Knowler
on
4/17/2013 10:47:50 PM | with
0 comments
Just when you thought things had to start looking up soon, along comes John Swire & Sons boss James Hughes-Hallett to say that the shipping market is going to remain in its depressed state until 2015.
Posted to
Far East Maritime by
Greg Knowler
on
4/12/2013 10:20:43 AM | with
0 comments
The dockers will most probably get their pay rises, but it could hasten the demise of a port that has its best days behind it.
Posted to
Far East Maritime by
Greg Knowler
on
4/9/2013 8:04:30 PM | with
0 comments
As if falling throughput, dwindling direct exports and high charges weren’t enough, the port is now struggling to deal with striking dockers.
Posted to
Far East Maritime by
Greg Knowler
on
4/3/2013 6:12:30 AM | with
0 comments
The only way Hong Kong is going to get all port users to burn cleaner fuel while in port is to make it a regulatory requirement.
Posted to
Far East Maritime by
Greg Knowler
on
3/19/2013 11:08:11 PM | with
0 comments
When the new administration in Beijing decided to smash up the corrupt and incompetent Ministry of Railways, it was a step in the right direction.
Posted to
Far East Maritime by
Greg Knowler
on
3/15/2013 3:26:40 AM | with
0 comments
Today a container terminal, tomorrow maybe Hong Kong’s port will be converted into luxury waterfront flats with a fancy French name.
Posted to
Far East Maritime by
Greg Knowler
on
3/13/2013 11:32:49 PM | with
0 comments
It hardly comes as a surprise to learn that curbing ship emissions at Hong Kong’s new cruise terminal is not regarded as a priority by the Tourism Board.
Posted to
Far East Maritime by
Greg Knowler
on
3/6/2013 9:54:05 PM | with
0 comments
Two years of billion dollar losses and no profitability in sight have rattled Cosco investors and may threaten the charismatic chairman’s position.
Posted to
Far East Maritime by
Greg Knowler
on
3/1/2013 4:47:41 AM | with
0 comments
Spikes in demand won’t be enough, no matter what the carriers do with GRIs. There is just too much capacity around.
Posted to
Far East Maritime by
Greg Knowler
on
2/28/2013 1:46:27 AM | with
0 comments
A strong start to 2013 can’t disguise a poor showing for the battling Pearl River Delta ports.
Posted to
Far East Maritime by
Greg Knowler
on
2/22/2013 12:51:20 AM | with
0 comments
Maersk wants to get its US$1,500 rate increase per refrigerated FEU and is prepared to lose business over it.
Posted to
Far East Maritime by
Greg Knowler
on
2/20/2013 1:11:21 AM | with
0 comments
How big is big enough for a cruise ship, and is putting 4,000 people out to sea really worth the risk?
Posted to
Far East Maritime by
Greg Knowler
on
2/14/2013 10:07:03 PM | with
2 comments
Shipping lines are hoping to repeat the rate hikes last March that injected some urgently needed profitability into the business.
Posted to
Far East Maritime by
Greg Knowler
on
1/31/2013 9:26:16 PM | with
0 comments
The growth at US container terminals is from China imports, but the efficiency with which the cargo is loaded at mainland ports is not matched by the US gateways that receive it. This has to change.
Posted to
Far East Maritime by
Greg Knowler
on
1/29/2013 8:44:24 PM | with
0 comments
Hiking freight rates in a weak market is impossible, as the lines found out last year on the Asia-Europe and Med trade.
Posted to
Far East Maritime by
Greg Knowler
on
1/17/2013 9:24:02 PM | with
0 comments
The export rebound in China during December is being hailed as a recovery, but the fundamental trade issues have not improved.
Posted to
Far East Maritime by
Greg Knowler
on
1/11/2013 2:04:02 AM | with
0 comments
Stay and pay more, go west, close down or move out of China – the choices facing companies outsourcing production to the mainland.
Posted to
Far East Maritime by
Greg Knowler
on
1/8/2013 11:50:10 PM | with
0 comments
It may be a New Year, but nothing has changed for an industry mired in capacity and plagued by high operating costs.
Posted to
Far East Maritime by
Greg Knowler
on
1/2/2013 5:03:48 PM | with
0 comments
When Maersk Line’s giant 18,000 TEU container ships start hitting the water from next year, the future of East Coast ports will be brighter than ever.
Posted to
Far East Maritime by
Greg Knowler
on
12/6/2012 8:46:01 PM | with
0 comments