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Hapag-Lloyd CEO: "We Are Probably In The Peak Of The Problems" zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Despite the early-morning hour, 5:15 a.m. Thursday in the Netherlands, the Ever Given “arrived amid great interest,” according to a Port of Rotterdam statement. Normally a container ship’s arrival in port does not warrant a press release. But the case of the Ever Given, which will be forever infamous for getting stuck in the Suez Canal, is anything but normal and prompted Port of Rotterdam officials to post a brief statement and two photos of the Ever Given’s arrival Thursday. The statement said the berthing of the Ever Given in Rotterdam went according to plan well, a revised plan. The Evergreen Marine-operated container ship had been due in Rotterdam some four months earlier. The vessel was waylaid, of course, when it was lodged between the banks of the Suez Canal for six days in March. ....
Port Of LA Becomes First Ever In Western Hemisphere To Handle 1+ Million Containers In One Month zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Port Of LA Volumes Are "Off The Charts" zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
by Tyler Durden By Kim Link-Wills of FreightWaves, Hapag-Lloyd has ordered 150,000 twenty-foot equivalent units (TEUs) in an effort to combat slow turn times. The cost about $550 million represents one of the German ocean carrier’s largest container orders ever. Import surges at U.S. ports, labor shortages caused by COVID-19 outbreaks and severe port congestion, particularly on the West Coast, all have contributed to a slow turnaround of containers to be sent empty back to Asia to be refilled. Hapag-Lloyd said in the announcement it “needs significantly more than the normal number of boxes to carry the same volume because boxes are turning slower.” ....