28 SEPTEMBER 2020 IndustryEdge

Chaos at Port Botany, assertion of market power by global shipping companies and ‘disastrous’ container handling conditions in Sydney have been brought to a head with a new series of port congestion surcharges at Australia’s second busiest port. The additional charge was announced by ANL/CMA/CGM, following on from a similar announcement just a day earlier by MSC. But those involved in importing and exporting through Port Botany advise that far from being the first cost escalation associated with the port of Sydney, it is just the latest addition to a situation that is now close to out of control.  Read more