Monopoly monopoly , monopoly thats irreplaceable and a forward looking mkt.
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Monopoly monopoly , monopoly thats irreplaceable and a forward looking mkt.
Some random dude told me the Tauranga joint venture Prime Port Timaru has stopped maintenance dredging and this has caused operational issues for visiting container vessels
Boop boop de do
Marilyn
Might see more traffic heading this way.
I have been notified that on or after 13 th November 2020, there will be an implementation of an “Auckland Port Congestion Surcharge”.
This is majorly due to Shipping Lines experiencing significant vessel delays with
current waiting times up to 12 days, resulting in vessel omissions and contingencies
significantly impacting their overall operational costs.
The costs for this surcharge varies depending on the Shipping Line so we have out-
lined the range as per the below:
ANL USD 200.00 per TEU
Hamburg SUD USD 215.00 per TEU
Maersk USD 215.00 per TEU
ONE USD 280.00 per TEU
Cosco USD 300.00 per TEU
MSC USD 300.00 per TEU
Unfortunately this congestion surcharge will filter onto LCL shipments also and will
be costed at this stage as additional USD 10.00 per cbm / tonne
Why has the SP dipped recently? Holders just bored with owning a reliable company?
Reportedly, shipping companies are pulling out of NZ. Only 3 servicing NZ now. Too much business in Northern hemisphere.
Lots of their port workers not happy today
https://www.stuff.co.nz/national/hea...ing-cargo-ship
With only 9 out of 95 of the port workers vaccinated you have to wonder how proactive management were at ‘encouraging’ them to do so
Slack management ….they need to be accountable