Project cargo operators are exposing themselves to unnecessary risks through unsuitable contracts, inadequate insurance arrangements and poor claims management as supply chains become more complex, speakers at a recent conference said.
Two of Taiwan’s largest ocean carriers also announced they are spending a combined $600 million on orders for new shipping containers.
The South Korean carrier said the robust performance came as it focused on network expansion and high-yield cargo while navigating geopolitical risks and congestion at Asian load ports.
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