Category: Automotive

US tariff increases on China EV’s have wider ramifications

Only 2% of US electric vehicle (EV) imports come from China and while economists ponder how effective President Biden’s new 100% tariff will be in protecting US markets, it is likely that EV flows will be redirected to Europe by manufacturers eager to exploit profitable markets. On the 14th ... Read more

Red Sea crisis expanding and growing

After the longest period of attack-free shipping in the Red Sea since December, the situation in the region is escalating, with an increase in Houthi attacks, fears that the ‘danger area’ may be expanding into the Arabian Sea and Indian Ocean and an Iranian vessel hijack off the Gulf of Oman.... Read more

Baltimore supply chain contingencies

In Baltimore work to remove the 9,662 TEU vessel Dali and damaged bridge has begun, with seven floating cranes and 30 vessels on scene, but with 4,000 tons of steel pinning the ship to the riverbed port officials suggest vessel diversions could last three months. The bridge collapse will mean ... Read more

Maersk vessel collapses Baltimore bridge

The Dali, a time chartered Maersk container vessel with two pilots onboard, crashed into a support pylon of the Francis Scott Key Bridge in Baltimore, Maryland, in the early hours of Tuesday 26th February, collapsing a large section of the 1.6 mile bridge into the Patapsco River. The Francis S... Read more

China dumping fears growing

The United States is voicing increasing concerns that Chinese manufacturing overcapacity will hit world markets, while the EU launched an anti-dumping investigation into China’s EV industry last year. Senior US Treasury officials told the Financial Times this week that a visiting US delega... Read more

Red Sea Crisis insurance withdrawals – fact or fiction?

In addition to fast-rising ocean freight rates and extended transit times, as the container shipping lines divert around Africa, shippers have been struggling to understand what (if any) insurance is in place, with insurance companies massively increasing war risk premiums and no longer willing t... Read more

Car carrier and RoRo review

The large scale shift of finished cars to container shipping, due to roll-on/roll-off (Ro/Ro) capacity restraints may be faltering as the Red Sea diversions have sent Asia-Europe spot rates surging and increased transit times by 10-14 days.   The disruption of the container shipping option th... Read more

Freight industry award finalists

The British International Freight Association (BIFA) is the trade association for the freight, logistics and supply chain management sector. Their annual Freight Service Awards are the industry’s most contested and highly sought trade awards, because peer recognition is the ultimate accolade. ... Read more

Red Sea diversions disrupt China’s car supply chains

Carmakers had been struggling with a lack of car carrier RoRo capacity before the Houthi attacks began in the Red Sea and now with NYK and K Line suspending sailings via the Suez Canal nearly all big car car-carrier operators are diverting round the Cape of Good Hope, further reducing already squ... Read more

Economic impact of Suez Canal diversions

For the UK and Europe fears are growing that any prolonged denial of access to the Suez Canal could impact faltering economies and derail plans to start cutting interest rates later this year. Despite the confidence of European and UK central banks, uncertainties about the Red Sea crisis' impa... Read more

Red Sea Crisis; Situation Report, Wednesday 17th Jan

Despite coalition military action, Houthi rebels continue to attack commercial shipping and with container shipping line’ schedules showing Cape of Good Hope routing for vessels into early February and beyond, it is clear that they do not expect short-term access through the Suez Canal and Red ... Read more

The real impact of diverting ships round Africa

Following the sharp escalation of attacks on container ships in the Bab-al-Mandeb strait off the coast of Yemen last week, major container shipping lines are diverting vessels around the southern tip of Africa, rendering the Suez routing unavailable for an unknown period. With the Suez route c... Read more