The terminal operator and port authority will enter a one-year exclusivity period to explore jointly developing and operating the proposed mega terminal that would increase Vancouver’s capacity by 50%.
The new surcharges will be introduced immediately on cargo to and from specific locations in the Caribbean and South America before being progressively rolled out in other regions globally.
The war in the Middle East is the latest example of geopolitical conflicts that will mark the shipping landscape for at least the rest of the decade, attendees at Breakbulk26 were told.
