Port Agency

The Port of Los Angeles is not pleased with its reported performance for November 2021 There was a 8.8 per cent drop in throughput compared to the November 2020. The poor performance was attributed to smaller vessels that called on LA Port, given these vessels take nearly as long as …

A report by Deloitte “Global Port Trends 2030” summed up what to expect moving forward Deloitte pointed out that ports will turn to maximising currently available space to boost operational productivity and sustainability. This will also involve close collaboration with other ports via technology. Technology is just a prelude Apart …

It might be a long wait before prices stabilise for everyone This whole year has been nothing less than apocalyptic for several economies. Port congestions brought forth series of business conundrums, aggravated by climate-related pressures. Soaring shipping rates also became the public enemy. Obsession with inflation warranted When port congestion …

Normalcy is possible and ultimately determined by how nations manage their issues Despite current port congestions and bottlenecks crippling world supply chains, some countries have a stronger chance to return to normalcy sooner. The key is skilfully navigating the challenges. Looking back In July 2021, when port congestions were at …

Recent incident in Yantian tempts some to think the worst There is a line at Ningbo-Zhoushan Port, comprising some 50 ships. It is the 6th day of suspension after a staff was tested positive for COVID-19; similar to Yantian’s case in June 2021. Ningbo struggles to contain the congestion On …

The country’s shutting down a major port after one infection aggravated trade bottleneck First it was Yantian in early June, where the port paused partial operations – which proved to be fatal for world trade. Diversions delayed shipments, along with seafarers’ crew change schedules. Now it is Ningbo in Zhoushan, …

It did not attract any ministerial attention last March, till the global shipping crisis hit  The idea of Thailand establishing its carrier was first mentioned, but was put at the backburner. Nobody expected world trade to be in hot water and held hostage by top liners. Thailand’s Transport Minister Saksayam …

Despite Yantian’s gradual restoring port operations, improvements would not be immediate Yantian, the world’s third-largest port, suffered a week’s closure after detecting COVID-19 cases. Local authorities implemented preventive measures to contain the outbreak, and it appeared to have paid off. However, industry experts warn not to expect immediate restoration to …

Delays by a couple of days will be a norm The prevailing congestions at Yantian port worried big carriers, particularly Maersk. The company hinted at delays from bottlenecks becoming a global norm in a statement. May be only temporal Yantian ports are dominating the maritime spotlight with its outbreaks and …

Acknowledging 90 per cent of world trade being facilitated by sea is not enough 2021 started bumpy with the pandemic since 2020. COVID-19 caused a myriad of maritime issues such as crew change crisis, labour shortage and cargo delays. It is now mid-2021 and the industry has more issues to …