Second can be better than first
COMMENT: The poor state of health of the container shipping sector has prompted a lot of speculation about the implications for the container terminal operating sector, writes Mike Mundy. 03 Feb 2017 - Port Strategy
South Korea’s turn
COMMENT: Now its South Korea’s turn for some political turbulence, writes Mike Mundy. 05 Dec 2016 - Port Strategy
The case of Bangladesh
COMMENT: Bangladesh is an interesting case study; it is a country where international trade is on the march but it is still a country without a deep-sea port, writes Mike Mundy. 30 Oct 2016 - Port Strategy
Will common sense prevail?
COMMENT: The port of Melbourne sale to the private sector has realised a whacking A$9.7bn (US$7.2bn), much more than anticipated, writes Mike Mundy. 03 Oct 2016 - Port Strategy
Politics or practicalities?
COMMENT: The current chief executive of the port of Melbourne, Nick Easy, was appointed to his post in February 2014 moving into this role from his former position as chief executive of the Metropolitan Fire and Emergency Service Board (MF&ESB) where, his CV states, “he was responsible for leading an organisation of 2,300 staff through a period of sector reform while it continued to deliver emergency services to the Victorian community and beyond”, writes Mike Mundy. 05 Sep 2016 - Port Strategy
Winners and losers scenario looms
Make no mistake the desperate state of the container shipping industry in terms of its ability to consistently make a profit is forcing fundamental changes, writes Mike Mundy. 03 Aug 2016 - Port Strategy
At the mercy of carriers
COMMENT: Ports and terminals are being forced into major infrastructure investments at the behest of carriers. The reason being that carriers are obsessed in achieving the maximum economies of scale possible, often without fully considering the consequences on themselves or the industry that services them, writes Ben Hackett. 27 May 2016 - Port Strategy
Consolidation the order of the day
COMMENT: They used to say when ‘America sneezes the world catches a cold’ but maybe nowadays this is a maxim that applies to China not the US, writes Mike Mundy. 27 May 2016 - Port Strategy
Big is not always beautiful
COMMENT: It is the understandable desire of many ports to transition from feeder port to main port status, writes Mike Mundy. 15 Apr 2016 - Port Strategy
Piraeus saga: to be continued?
COMMENT: The point was made in Port Strategy last month that the price paid by COSCO for the port of Piraeus, taking into account investment commitments as well, was a rich one – one that perhaps only a sovereign state-owned company would make, writes Mike Mundy. 28 Feb 2016 - Port Strategy
Cosco's Piraeus bid defies market realities
It is no surprise to Port Strategy that there was only one bidder for the Port of Piraeus concession and that in the end, after a request to up its bid, the sole bidder, COSCO, was awarded the whole port concession. However, the price that COSCO was prepared to pay for it is a surprise to PS. 27 Jan 2016 - Port Strategy
Don’t go it alone
It is easy to forget that for non-port people understanding a port business can seem to be somewhat of a jigsaw puzzle. 03 Nov 2015 - Port Strategy
What price Piraeus port sale?
COMMENT: Husnu Ozyegin, president of Fiba Holding, has done it again. Fiba is the owner of a 65% stake in Turkish container terminal Kumport and Ozyegin and has confirmed the sale of the Fiba group’s shareholding for a reported $940m, writes Mike Mundy. 10 Oct 2015 - Port Strategy
Cracking down on Canal concerns
COMMENT: The appearance of cracks in one of the sills in the Cocoli Locks at the Pacific end of the new Panama Canal may not be the only factor to slow down the system’s full exploitation, writes Mike Mundy. 07 Sep 2015 - Port Strategy
Don’t go it alone
Consider this scenario: we have a nation that has somewhat belatedly offered its main container handling facilities for concession. 27 Jul 2015 - Port Strategy
Under the microscope
COMMENT: Just how much ports are under the microscope nowadays when they are located close to a city or populated areas is highlighted by the recent experience of Associated British Ports’ (ABP) port of Southampton, writes Mike Mundy. 29 May 2015 - Port Strategy
Allaying ‘Big Brother’ fears
COMMENT: From last October, the UK Driver Vehicle Licensing Agency no longer requires UK vehicle owners to exhibit on their respective vehicles a ‘tax disc’ – a unique piece of paper which basically tells all and sundry - not least marauding traffic wardens - that you have paid for your vehicle to be on the road for a specified period, writes Mike Mundy. 27 Apr 2015 - Port Strategy
A public-public partnership?
COMMENT: Irony of ironies, in among the host of bidders whose names appear in conjunction with the privatisation of the Mombasa container terminal is Transnet, the government body responsible for the management and operation of South Africa’s ports, writes Mike Mundy. 03 Apr 2015 - Port Strategy
The future is the past
COMMENT: do you think it is a wise strategy to curtail talks with a group of influential investors by announcing it to the media, asks Mike Mundy. 16 Mar 2015 - Port Strategy
Game-changing West Africa
It was only a couple of years back that Maersk Line phased in the last of its 22 4,500 teu WAFMAX vessels, purposely designed to work in West African ports and provide direct services to Asia. However, events are moving fast along the West African coastline and, as Alphaliner recently noted, gearless ships of above 5,000 teu now account for 20% of the total capacity deployed on the Far East-West Africa route. 10 Dec 2014 - Port Strategy