Archive: China

By Paul Kelly in News Posted: 20th, December, 2022

Asia freight market update; December

Our final Asia freight market report of the year includes the latest news from China, as the country finally relaxes COVID control measures and provides multi-modal situation updates and insights,…

By Paul Kelly in News Posted: 12th, October, 2022

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…

By Paul Kelly in News Posted: 8th, June, 2022

Asia market update; May

With the Shanghai lockdown finally lifting after two months, it is great to see our Hecny colleagues returning to the office and while the local situation is already much improved,…

By Paul Kelly in News Posted: 26th, May, 2022

Shanghai reopening

The city is resuming outdoor activities in stages, with some public transport and other services already resuming, with the aim of lifting lockdown by the 1st June. Beijing has been…

By Paul Kelly in News Posted: 16th, February, 2022

Asia market update

Ahead of Asia's Lunar New Year holidays, the market for ocean and rail was particularly congested, with high demand and rates. With factories across China reopening this week, after the…

By Paul Kelly in News Posted: 16th, December, 2021

Freight market report

As supply chains continue to battle with insufficient capacity, surging rates and overwhelmed transport systems, we asked our colleagues in seven key markets to share their insights on operations, demand,…

By Paul Kelly in News Posted: 25th, August, 2021

Ningbo closure contributes to global vessel congestion

Two weeks since Ningbo container terminals closed after a worker tested positive for COVID-19 and port congestion has spread across China and Asia, while easing in Europe. The lessening of…

By Paul Kelly in News Posted: 15th, July, 2021

Sea freight market update

Demand for imports from Asia and the Indian subcontinent (ISC) continues to outstrip shipping line capacity and there are no signs that volumes will soften, maintaining pressure on global supply…

By Paul Kelly in News Posted: 25th, May, 2021

Yantian Port impose COVID restrictions

Restrictions at Yantian port have been announced, following a coronavirus outbreak in the port area last week, with areas suspended from operation, while they undergo intensive cleaning and disinfection. We…

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