Grab manufacturers can perhaps take encouragement that rising coal and prices will “trickle down” as far as the stevedore. As the export surge has forced freight rates to historical highs, shippers are asking for faster discharge rates and stevedores may need more equipment.
One grab manufacturer which has achieved success in Asia is the German company MRS Greifer, which exports over half of its output to other European countries and Asia. The company can count repeat orders in Singapore, Malaysia, South Korea, Vietnam and elsewhere, but not as yet in China, although it is investigating this market. Despite the higher cost of its design due to high German labour costs, plus high freight rates, MRS considers that it can sell to these markets by virtue of a higher quality which leads to longer life and increased productivity.
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This complete item is approximately 1705 words in length, and appeared in the February 2005 issue of WorldCargo News, on page 43. To access this issue download the PDF here.
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