The global shipping industry faces an impending era of unavoidable overcapacity, driven by the imminent delivery of colossal new vessels. These mega-ships, each designed to transport 18,000 TEUs or mo
by Shipping Lines Bolster Control Over Global Port Terminals
Ocean carriers and their affiliated entities now command a significant portion of the world’s marine terminal infrastructure. These shipping giants presently own approximately 50% of global terminal c
by Guangzhou’s Nansha Port Undergoes Major $2 Billion Expansion
Guangzhou has commenced the fifth development phase at its Nansha port, marking a substantial $2 billion expansion project. Main construction on this ambitious undertaking officially began on Friday.