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Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies.
Waiting time for ships at Shanghai ports is two or three days, compared with 10 to 14 days at US ports. . Read more at straitstimes.com.
Evergreen, COSCO, Maersk, CMA CGM, and their rivals have doled out bonuses worth as much as 40 months' wages in a bid to recruit and retain seafarers after a rough two years on the job.
Taipei, Jan. 15 (CNA) Yang Ming Marine Transport Corp., one of the leading container cargo shippers in Taiwan, has decided to raise year-end bonuses for its employees to the amount equivalent to 12 months of wages on average, and has also decided to raise salaries by an average of 4 percent, after a bumper year ...
Taipei, Jan. 15 (CNA) Yang Ming Marine Transport Corp., one of the leading container cargo shippers in Taiwan, has decided to raise year-end bonuses for its employees to the amount equivalent to 12 months of wages on average, and has also decided to raise salaries by an average of 4 percent, after a bumper year that saw a significant rise in shipping rates and profit.