The European Commission is seeking views from stakeholders regarding the existing exemption of container shipping consortia from European Union antitrust rules that ban anticompetitive agreements between companies.
DP World have confirmed that unexpectedly high container stack levels are causing disruption to terminal service levels, which has resulted in slower productivity and means some vessels are departing early.
Asia is preparing and the Philippines is evacuating ahead of Typhoon Mangkhut, which is the equivalent of a Category 5 hurricane, prompting alerts, with cancelled flights and port disruption expected across east and southeast Asia.
Leading the way for a global shipping industry that is bigger and more consolidated than ever: The Mumbai Maersk has broken the record for the largest amount of cargo ever stowed after leaving Malaysia last week with 19,038 TEU aboard.
With Brexit and President Trump contributing to global trade uncertainties, apparel manufacturing countries out of the direct line of either issue are increasingly appealing to UK and US buyers seeking contingency sourcing options.