Shipping - Page 17

Importers believe the potential impact on freight volumes to be substantial due to tariff uncertainties

North Queensland Export Terminal (NQXT) EBITDA to grow to A$400 million within four years.

"Shipping lines and cargo owners are adjusting their short-term supply chains for now.."

With tariffs and counter tariffs dominating the news, LA Port is expecting a 10% volume decline in H22025.

Agreement aims to boost operational efficiency and promote sustainability within regional supply chains.

The Nhava Sheva Business Park near Mumbai offers 1 million sq. ft. of warehousing space, with another one million in the planning stage.

Companies have also agreed to work together in areas such as vessel trials and ship repair.

"Carriers (shipping lines and airlines alike) will need to rethink their strategies and business models."

New berths will be capable of handling mega vessels of up to 18,000 TEUs; terminal to be part of Gemini Cooperation.

Vessels will be constructed at Zhoushan Changhong Shipyard in China, with delivery expected between 2027 and 2028.

Colombo West International Terminal (CWIT) will enhance Colombo Port’s capacity and ease congestion.

"Sheer scale of tariff schedule means it will take some time to assess the implications on individual supply chains."