Sea/Air growth undiminished
The latest air cargo data is showing a clear upswing in volumes at key sea/air hubs, as shippers from Asia seek to avoid the extended ocean freight transit that has resulted from the Red Sea shipping crisis.
Over the first two months of the year, volumes to Europe from Dubai, Colombo and Bangk...
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OCEAN Alliance seek stability
Although there was market speculation that a member of the OCEAN Alliance might be tempted to leave and join THE Alliance in 2027, a new agreement by the remaining members makes it very unlikely this decade.
Seeking to send a clear message of stability, after Hapag Lloyd’s defection to the G...
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Red Sea crisis; situation report
The UK Maritime Trade Operations (UKMTO) is already reporting multiple new Houthi attacks on vessels, following two missile strikes on the British registered general cargo vessel “Rubymar” on Sunday, which the crew had to abandon on Monday.
The Rubymar attack was followed by a merchant ves...
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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...
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Our unique transatlantic shipping line
We have been supporting bi-lateral UK/USA trade, with air and sea freight services, for over four decades, which is why we are so excited by our in-house shipping line, Ellerman City Liners, transatlantic capacity deal with the world’s biggest shipping line, MSC.
Ellerman’s weekly sailing ...
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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...
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The Gemini Cooperation
On the 17th January 2024, the 33rd day of the Red Sea crisis, Maersk and Hapag-Lloyd announced that they were forming a new shipping alliance - The Gemini Cooperation - in a major shake-up to the container shipping market on the East-West trade lanes.
Industry analysts have been predicting tha...
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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...
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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.
...
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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...
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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...
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Insurers withdraw war risk cover
Since December 2023, nearly 30 commercial vessels transiting the Red Sea have faced missile strikes or near misses from the Yemen-based Houthis, including container ships owned by Maersk, MSC and CMA CGM.
As of last week, 550 container ships have been diverted away from the Suez Canal or are p...
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