Dubai-based terminal operator DP World increased its handled volumes of twenty-foot container units in 2016. Volumes grew six percent in the fourth quarter alone, says the company, noting that this development was driven mainly by strong growth in Asia, the Pacific, and Europe.
BY RITZAU FINANS | SØREN PICO Published 07.02.17 at 10:07
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Tuesday's announcement that 160 employees will be axed at APM Terminals in Gothenburg was the only option for moving on from the conflict which has cost the terminal company customers as well as revenue. The dockworkers' union is shocked in the wake of the announcement.
APM Terminals is inching closer to Maersk Line through exclusive deals in which, for instance, financial risk from the terminal company is transferred to the container carrier. The ties between the two formally independent companies have been subject to controversy before.
While strikes in Spain and Sweden's largest port Gothenburg are becoming increasingly entrenched, the customers and thus the carriers are seeking out alternatives. And they will not necessarily return when the strikes are over, according to data from Maersk Line.
A hacker attack has triggered a large-scale crash of Maersk Group's IT systems, the company tells ShippingWatch. It remains unknown how the group's customers will be impacted. APM Terminals has also been struck in ports in the US and Netherlands.
Just as a wave of mergers and acquisitions has consolidated container carriers in recent years, the many German tonnage owners need to join forces. One of the premier personalities in German shipping, Claus-Peter Offen, tells ShippingWatch that he is ready to spearhead the process.