The Red Sea Crisis: Tracking the diverted vessels
Following the early January escalation of attacks on container ships off the coast of Yemen the major container shipping lines began diverting vessels away from the Suez Canal and around…
News
Global Forwarding launch discounted courier service with UPS
Plans change for any number of reasons and sometimes express parcel and documents are the only solution. Whatever the cause, you can respond quickly and cost-effectively with our new courier…
Suez crisis: Shippers from Asia face capacity and equipment challenges
The shock of the double-attack on the Maersk Hangzhou on Sunday has prompted the Danish shipping line to follow other leading container shipping lines and divert their vessels away from…
Container ships sailing to Suez Canal stopped
Supply chains from Asia face disruption after the world’s leading container shipping lines suspended passage through the Red Sea to the Suez Canal following a series of attacks on container…
Container shipping on alert
The Gulf of Aden is the approach to the Suez Canal from Asia, with 50-60 vessels transiting each day, but as a result of the situation in Israel attacks in…
Sea freight surcharge review
As the container shipping lines make their first attempt of 2024 at raising freight rates from Asia, with huge GRIs announced for mid-December and January, we review the ‘temporary’ surcharges…
Boost for Hong Kong air freight
The pre-Christmas spike in eCommerce volumes out of China means that demand for air cargo space has been driving rates up from Hong Kong over the past two months, with…
Emissions Trading Scheme surcharge
The EU Emission Trading Scheme (EU ETS) was established in 2005 to tackle greenhouse gas emissions within the European Union and extends to container shipping from the 1st January 2024,…
Asia to US East/West Coast rate disparity falls
Historically East Coast sea freight rates from Asia have always been significantly higher than West Coast rates, because much smaller traffic volumes were routed to the East Coast, but recent…
EU rolling out CO2 linked road toll increases
European road freight rates will be under pressure from the 1st December as a new toll system linked to CO2 emissions begins its roll-out in Germany, with the rest of…
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