IMO 2023 could cut container fleet capacity
On the 1st January, IMO 2023 will require container ships to comply with a new round of vessel efficiency and carbon intensity regulations, with three specific requirements for every vessel,…
News
Shipping lines cancel multiple sailings from China
Despite continuing port congestion across Europe and low schedule reliability (30%) tying up so much capacity, the shipping lines have announced yet more blanked sailings. (more…)
Asia market update; October
Market fundamentals have been changing rapidly and the costs of transporting goods out of China and many other critical sourcing regions continues to sink amid a sharp economic slowdown in…
Rates soften despite disruption at European ports
Market analysts are surprised that freight rates from Asia to Europe have fallen so far in the third quarter (Q3) despite the fact that schedule reliability is only 30% and…
Port of Liverpool facing a third week of strike action
Peel Port, the operator of the Port of Liverpool, has confirmed that Unite Union members at the port will take further strike action from Tuesday 11th October to Monday 17th…
Container shipping lines blank more sailings from Asia
Continuing congestion at North European container hubs and US ports on the East, Gulf, and West coasts, is likely to dissipate as shipping lines implement their biggest blanking programme for…
New Felixstowe strike will overlap with Liverpool walkout
Dock workers began their planned two-week strike at Liverpool port on Monday, 19th September, while a second strike at Felixstowe, the UK's busiest port, will begin on the 27th September…
Two week Liverpool port strike
Dock workers at the Port of Liverpool have announced two weeks of strike action, from the 19th September, after branding a pay offer from the port’s management, a “pay cut”.…
Asia market update; August
The recent strike at the port of Felixstowe saw vessel calls drop from 29 to 5, as lines called at alternative ports or delayed cargo to avoid disruption. With Liverpool…
HMRC’s new Customs Declaration Service launches in days
The Customs Declaration Service (CDS) will become the only UK customs platform when HMRC turns off the legacy CHIEF system on the 30th September and we can only submit customs…
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