High Shipping Costs Are Here to Stay Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
In November 2013, DP World’s $2.4 billion London Gateway deepwater port complex opened with the arrival of the first ship, the MOL Caledon.
The new port, located on the north bank of the River Thames 25 miles east of London, will soon operate a total of six new deep-water berths intended to handle 3.5 million TEU per year and the world’s largest ships as it aims to become one of Europe’s busiest container terminals.
In these videos, Shipping TV‘s Chris Gosling visits the port 6 months after its opening to break down how it all works:
Inside London Gateway – Part 1
Inside London Gateway – Part 2
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