Category: Sea

BBC report £10k freight costs to ship a container from China

Massive and continuing post-lockdown consumer demand has resulted in a lack of available space on vessels, shortage of empty shipping containers in Asia and congestion at destination ports, driving freight rates to levels never before experienced. Taking issues that have perplexed shippers sin... Read more

Carriers CNY blanked sailing surprise

Optimism in signs that the equipment shortage crisis might improve after Chinese New Year, have been dealt a blow with the surprise announcement of blanked Asia to UK sailings, despite it being widely reported that carriers would not be using this tactic this year. 2M alliance members Maersk a... Read more

Why forecasting will beat the shipping challenge

In a customer advisory last week we outlined the current situation and challenges in relation to the inbound ocean freight container trade from Asia (China, Far East, South East Asia and The Indian Subcontinent) into The UK and Europe. We highlighted the unprecedented challenges in Asia regard... Read more

Import supply chains; the UK challenge

The equipment shortage in China and Asia and the lack of vessel space on primary trade lanes are continuing to present significant supply chain challenges and while the UK’s port and transport infrastructure continues to struggle, stability is emerging in some areas. The port and terminal di... Read more

Soaring freight costs and transit delays from China threaten price rises for consumer goods and products

As consumer demand for Asian-made goods rebounded in the second half of 2020, the shipping lines decision to remove capacity by idling vessels and stop replenishing container supplies, had an almost instant impact on freight rates with the unbalanced sea freight supply and demand equation driving... Read more

Container crisis continues from Asia to the rest of world

As Metro reported in last week’s supply chain bulletin, the availability of container equipment has become the primary supply chain issue for shippers and importers from China and Asia in general.  The lack of equipment is a key issue impacting both rates and supply chains across Asia, ... Read more

Regulators circle shipping lines

As container freight rates continue to rise from Asia, regulators in China and the US are raising concerns and the European Commission is being urged to consider whether the carriers’ behaviour is damaging trade growth at a time of economic recession. Chinese regulators are renewing their ca... Read more

2020 supply chain challenges continue into 2021

The COVID pandemic massively impacted freight infrastructure operations, rates, vessel space and equipment availability last year and is showing little sign of ending any time soon. Sea freight rates from Asia are at the highest levels ever seen, equipment shortages continue at virtually every... Read more

China, South East Asian and Indian Subcontinent sea freight rates continue to rise

With strong demand and container shortages continuing throughout the Christmas and New Year period, sea freight rates from Asia have not softened and show little sign of easing before the Chinese New Year (CNY) holidays in February - at the earliest. Consumer demand across Europe remains stron... Read more

Catastrophic loss underlines need for marine insurance

Dramatic images on Twitter captured the 14,000 teu containership, ONE Apus, losing over a quarter of its load, in a catastrophic container stack collapse, that dumped over 1,800 boxes into the Pacific ocean on the 30th November. The Twitter image, shared by Container News, shows that most of t... Read more

UK port congestion is not easing

Congestion at UK container ports which commenced in the Summer at Felixstowe, before filtering out to Southampton and London Gateway, is continuing despite all efforts, with Japanese carmaker Honda warning that production at its Swindon plant will be disrupted. Problems at the UK's container p... Read more

Critical Ningbo issues and Southern China port suspension

The container shortage that is currently impacting Asia supply chains, has led lines to stop accepting shipment bookings from Ningbo, while the suspension of Southern China feeder operations, because of COVID, will impact key ports until after Chinese New Year 2021. Due to the severe lack of c... Read more