Category: Sea

Container shortages in China

Port operations have been severely diminished and inland distribution massively disrupted by the coronavirus, lockdowns and safe-working practices, which delay the unloading of containers and repositioning of equipment back to China. As European importers struggle to return empty containers to... Read more

The perfect storm threatening container haulage

The perfect storm threatening container haulage  There is not an industry sector that has not been impacted to some extent by the COVID-19 pandemic. Even those deemed ‘essential’ have had to battle unprecedented economic and operational challenges, but few have felt the impact quite a... Read more

Shipping lines set to increase Asia–Europe contract rates

As the container shipping lines continue to control capacity tightly, announcing a new series of blanked sailings in October on the Asia - Europe trade, they are preparing for their annual contract negotiations with the largest shippers on the critical route, with many anticipating higher long te... Read more

UK ports matter

European ports used to be the world’s busiest and largest ports, but have been eclipsed by the impact of globalisation and the massive growth of container ports in Asia.  European ports still have a major role to play in global trade and, as an island nation, particularly so for the UK.... Read more

General Global freight market update

The current market conditions are a real mixed bag dependent on trade lane, mode of transport and region. Whilst some areas of global trade are experiencing extreme congestion, other areas are operating as normal for this time of year. Below is an overview of the current situation. Sea Freight... Read more

Interruptions emerge at Felixstowe Port

Felixstowe is experiencing very high volumes of containers throughput as hauliers are booked up from most of next week, reporting on poor loading times quay side, suggesting potential labour issues and an impact of new processes. The Port of Felixstowe is Britain’s biggest and busiest contai... Read more

Bid for a freeport on the Thames

Forth Ports and DP World will submit a joint freeport bid incorporating the Port of Tilbury and DP World London Gateway, to create a digitally connected multi-site free trade zone, that will focus on clean growth, while seeking to act as an innovation hub across a range of sectors. The compani... Read more

Trans-Atlantic demand slump is not our experience

The trade press continue to report that trans-Atlantic demand is reduced by the pandemic and that carriers are adding to blanking programmes, while we have evidence of shipping lines refusing bookings due to lack of space. While blanked sailings have been reinstated on the transpacific and ext... Read more

Demand and equipment shortages driving up Trans-Pacific rates

Driven by demand surges and equipment shortages contributing to capacity constraints, container freight rates are rising to 2020 highs as carriers on the eastbound trans-Pacific implement the fourth GRI since the 1st June. Anticipating a continuation of weak demand, carriers blanked 63 sailing... Read more

Shipping lines avoid strike-bound Montreal

We are receiving news that container shipping lines have begun diverting from the Port of Montreal as a series of strikes disrupt container handling for another week at Canada’s second-largest port.  Hapag-Lloyd has confirmed that the Detroit Express will call at the Port of Saint John ... Read more

Carriers tighten screws

Westbound Ocean Freight Capacity tightens as carriers turn screws and demand advanced bookings The unexpected surge in East and Westbound demand in June, exacerbated by carriers withdrawing close to half the market’s capacity in May, to match expected low demand saw China to North Europ... Read more

The eBL is moving closer

Development of an electronic bill of lading has long been a goal for freight forwarders and the container shipping industry, but it has been elusive, in large part due to a lack of standardisation of the document. The bill of lading is a mainstay of the global supply chain that’s present fro... Read more