'Catastrophic' for shipping – and there's a human story too, says ONE chief
2026-03-03 19:34

'Catastrophic' for shipping – and there's a human story too, says ONE chief

by Hristijan Ivanov
'Catastrophic' for shipping – and there's a human story too, says ONE chief

"After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates at the S&P Global TPM event in Long Beach yesterday of the ripple effects of a growing backlog of container cargo.

“The immediate cessation of bookings means there’s cargo already in-gated in terminals which will not get lifted on a ship now. That’s going to create headaches for port operators in terms of stack utilisations and the fluidity of their terminal." Read the original story at: The Loadstar.

Source: The Loadstar