NZ Customs intercepts huge drug shipment
News515kg of methamphetamine were concealed in steel beams loaded into a 40ft container.
Difficult times ahead for ocean carriers
With a slowdown in the rate of growth in trade and a sharp fall in spot rates and time-charter rates, liner shipping companies and owners of container ships are facing tough times. Moreover, with congestion in ports and across supply chains easing and vessel productivity improving, the demand for ships is softening.
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