Air & Seaport News

  • Insurers warn of the risks of storing import containers away from terminal yards

    May 5, 2020 — The offer by shipping lines to temporarily store containers at way ports to avoid congestion at destination terminals has proved popular with European importers. However, there have been reports of instances where the wrong boxes have been selected for storage at the transit hubs. Moreover, insurers are concerned about the increased security risk from the storage of containers at the temporary off-dock facilities, as well as the potential for cargo damage.
  • WPSP COVID19 Port Economic Impact Barometer for Week 18 reports stabilization or slight improvements

    May 4, 2020 — Of the seventy six ports surveyed across the globe in this week’s WPSP Port Economic Impact Barometer Report, the majority report a relatively stable situation compared to the previous weeks, with slight improvements noted in some areas of port continuity.