NTG struggles to find room on board container vessels

The chaotic container market is causing "major issues" at logistics companies like NTG in terms of finding capacity on board container vessels, the CEO tells ShippingWatch.

"In ocean, we're having major issues as far as finding capacity, just like the rest of the industry," CEO Michael Larsen tells ShippingWatch. | Photo: PR / NTG

The freight forwarders at NTG are busy trying to find capacity on board the container carriers' vessels in a year marked by chaotic global supply chains, reports CEO Michael Larsen in an interview with ShippingWatch following the transport company's half-year results.

Like its competitors, NTG is benefiting from the overheated transport market, which has persisted throughout 2021 so far. On the ocean freight market especially, there is no indication that a stabilization of the extraordinary market conditions will set in any time soon, the company says.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs