Subscribe to RSS feedPorts face shake-up if box terminals are sold
PORTS are set for a radical shake-up of their business model as pressure grows on loss-making shipping lines to sell off non-core container terminal assets in order to survive the global downturn.
Moreover, a bankruptcy among the major container lines would put in train a series of terminal reshuffles as newly-formed shipping alliances switched ports of call.
That is one scenario outlined by Drewry Shipping Consultants, which predicts that global container...
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