Europe/USA trade booming
Two years after President Biden resolved to put an end to rancorous trade disputes with Europe, the U.S. has imported more goods from Europe than from China, but the EU…
News
Asia market update; November
Our latest freight market report provides multi-modal situation updates and insights, together with carrier updates, that will provide you with critical insights for the weeks ahead. (more…)
UK new border strategy moving closer
This September the UK government closed its consultation regarding the scope of the proposed Single Trade Window (STW) which is part of its commitment to developing a world-leading STW for…
Bank predicts more blanked sailings
“We think they [the container shipping lines] need to do much more, and rather quickly, to stabilise freight rates ahead of upcoming contract negotiations for the Asia-Europe route, which typically…
Export compliance is changing fast
UK export control legislation requires the exporter to consider whether they need to comply with any export controls and with regulations increasing quickly, the danger of not complying - and facing…
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,…
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…
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