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Small comfort in falling premiums
16 Jul 2008
Throughout the insurance market, premium rates are falling. While the scaleback is less than alarming to insurers, and is only moderately comforting to the customers, the trend seems unstoppable for the moment. Overcapacity in insurance supply, which built up in the firm market of the last five years, has at last taken a toll on the ability of underwriters to hold the line.
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A new container cargo takes root
09 Jul 2008
The global shipping market is in somewhat of a flux, with a possible world recession, sharply fluctuating bulk shipping rates and liner rates trying to decide what to do.
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A case of déjà vu on West Coast labour woes
23 Jul 2008
Port workers in 29 ports along the US West Coast (including approximately 20,000 in Los Angeles/ Long Beach) refused, at the start of July, to extend an earlier contract and are now negotiating with the Pacific Maritime Association on a new agreement while continuing to work.
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Congestion bites
30 Jul 2008
“Congestion” – is it our imagination or is it the case that we don’t hear so much about this problem nowadays? If this is the case then it clearly isn’t a result of the problem going away but rather that it has become an accepted part of commercial life.
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Africa is coming
06 Aug 2008
There is always a new frontier in the international port business. And as at the time of writing the G8 group is convened, it is most relevant to focus on Africa, an area where there is major scope to refine port systems and particularly along the east and west coasts of sub-Saharan Africa.
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