Is the Hong Kong Dockworkers Strike Almost Over?
It’s been over a month since dockworkers at the third largest port in the world went on strike, affecting import and export operations at the Kwai Chung cargo terminals in Hong Kong. Is it going [...]
Will May Container Line Contracts Spell Shipping Success for 2013?
May 1st is a big day for international shipping carriers’ eastbound trans-Pacific container lines. Bill Mongelluzzo, Senior Editor for the Journal of Commerce (JOC) compares it to a race, calling [...]
Sudden China Trade Deficit Gives Shipping Companies Profit Outlook
The last few years have been tough on carriers in the international shipping industry. Rate wars and overcapacity were large factors for hurting the bottom line of the companies that own and [...]
Justice League Rises to Aid Hong Kong Strike at Superman's Inaction
As the dockworkers of the Kwai Tsing dock in Hong Kong continue their strike efforts to get the attention of Li Ka-shing, the richest man in Hong Kong, they have garnered global attention. Li [...]
Striking Hong Kong Dockworkers Can't Use Toilet During Negotiations
Imagine your workday was a little different than it is. Imagine spending twelve-hour shifts in a cramped space. You don’t get to leave for breaks to eat or even use the bathroom. You have to [...]
Hong Kong Dockworkers Strike!
It’s the rainy season in Honk Kong, but that’s not stopping dockworkers and crane operators from camping out in the cold. They’re striking at the Kwai Tsing Container Terminal [...]
China Australian Deal Good for Aussie Shippers, Bad for U.S. Dollar
Australia is working on a currency deal with China that would allow the Australian dollar to be directly converted into the Chinese yuan, bypassing the U.S. dollar (USD). When it comes to [...]
Megalomania: Who Really Benefits from the Megaship Craze?
Megalomania (me-gə-lō-ˈmā-nē-ə, -nyə) n., 1: a mania for great or grandiose performance[1] There is a craze right now in the international shipping industry. A craze for megaships; behemoths of [...]