In September Associated British Ports (ABP) unveiled it plans to invest £50m in the port of Southampton on the English south coast. The major investment comes after the port has already benefitted from £32m in ABP investment over the past five years and will support the port’s continued growth over two phases. ABP said that…
Hanjin Shipping, the seventh-largest container shipment firm in the world collapsed in late August after its creditors stopped providing funding and it was forced to request court receivership. Over $14bn in cargo was left stranded at sea, and shocked global trade networks were faced with unprecedented disruption. Container ships in transit at the time the…
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