Carriers skipping congestion hit China ports
As Yantian announces further reductions in container gate-in times, to try and alleviate congestion, shipping lines are skipping calls at Chinese ports, with the mission to improve schedule reliability and equipment availability.
The partial shutdown of Yantian International Containe...
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Yantian Port halts entry for export containers
Restrictions have been announced after an ongoing coronavirus outbreak in the port area since last week, with areas suspended from operation for cleaning and disinfection, while high storage density has built up in the terminal.
We have been informed by our colleagues in China today, 25th May,...
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Ocean freight rates, rollovers and blanked sailings; the saga continues
Shippers from Asia to Europe continue to see increases in container spot rates, as cargo-rolling become ever more commonplace and carriers begin to cancel sailings in an effort to restore schedule reliability.
Space on vessels from Asia is effectively ‘sold out’ for May and June, with a su...
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Ocean capacity and equipment challenges continue globally
Container shipping rates from China to the US and Europe continue to rise, as reduced capacity, high consumer demand and equipment shortages across China and Southeast Asia escalate.
While container freight rate increases on the transpacific trade from Asia h...
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Unlucky ‘spot’ shippers faced with rate hikes to get cargo shipped
Spot market shippers have seen continued rate spikes this week and the shipping lines are preparing for further rate elevation, as excess demand leads to cargo-rolling increases at many origin and transhipment ports.
Shippers using the spot market for consignments from Asia to Euro...
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The Suez impact and even more carrier surcharges
European container ports survive the post-blockage Suez surge, but container equipment is out of position and remains scarce.
Europe’s container terminals have been struggling to handle increased import volumes since Q3 2020.
Keeping recurring congestion at bay has been their biggest chal...
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Containerisation turns 65 in its most challenging year
Sixty five years ago saw the beginning of containerisation, with the inaugural voyage of the first container ship, the Sea Land Ideal X on the 26th April 1956. Today, despite its best efforts, the container shipping industry is swamped by the continuing deluge of pandemic and lockdown related ...
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Canadian government legislate against Montreal strike
Port operations at Montreal resumed on Sunday after legislation was passed by the Canadian Parliament to end the industrial action by longshoremen, however it will take several days, or probably weeks, to return operations to anything like a normal situation.
About ten ships are currently en-r...
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Container shortage intensifies
Finding an empty container in Shanghai, Ningbo, Yantian or any other major Chinese gateway port, is becoming a major problem, yet again, as Asian container availability is tightening, and purchase and rental costs are soaring, and equipment will become even scarcer as demand builds through May in...
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Ocean Freight Update; On the front line from Asia
Our sea freight ops team continue to perform in a very challenging global ocean freight environment and with global supply chains likely to be under pressure for the rest of the year, they will continue to deliver the highest possible levels of service and performance available with all options b...
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£150m stolen from supply chains in 2020
Over £400,000 worth of goods in transit were stolen every day from Europe, Middle East and Africa (EMEA) supply chains in 2020, even with many countries being under lockdown for much of the year.
The Transport Asset Protection Association (TAPA) recorded 6,463 cargo thefts across 56 countries...
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Sea rates surge amidst equipment shortages
Peak Season surcharges were expected to soften, reduce or even be withdrawn after Chinese New Year. And while this was widely anticipated, the reality is that with continued demand, the lack of empty equipment and the Suez crisis, rates have gone much higher and most carriers have actually increa...
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