A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
China's UN Ambassador Fu Cong said all parties should restrain "the impulse of force... and adding fuel to the fire," according to a state-run CCTV report.
False location signals and jamming of vessels’ navigational equipment have become a growing feature of the commercial shipping industry in the past few years.
The port congestion stems from a reduced number of vessels, overcapacity, inadequate rail and road infrastructure, lengthy regulatory procedures and poor truck queue management.
This is the second incident involving a container ship off the coast of Kerala in recent weeks, after a vessel capsized and spilled oil into the Indian Ocean on May 25.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
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