Shippers must strategize fleet to stay afloat
Dec 07, 2011 | 12:55 PM
| Corinna Petry
Tags
Robert Drew,
Tata Steel,
slow steaming,
shipping,
corinna petry
MIAMI — Demand for ocean freight has regained its footing following the economic crisis that shook the world, according to Robert Drew, general manager of logistics for Tata Steel International.
But in order to stay afloat, exporters must now strategically position their offshore fleets, Drew said at AMM’s Moving Metals Conference in Miami. "The market, in terms of opportunity, is dependent on where you have ships at any given time, with the Atlantic (trade) having fared much better than the Pacific. The glut of capacity in the Pacific is an....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here