Archive: China

By Paul Kelly in News Posted: 1st, February, 2024

Cape diversions are the new normal (for now)

The Houthi attacks on commercial shipping began in December 2023 and show no sign of ending, with the major container shipping lines scheduling the 3,500 mile diversion around the Cape of Good Hope…

By Paul Kelly in News Posted: 17th, January, 2024

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…

By Paul Kelly in News Posted: 31st, August, 2023

Sea freight capacity cuts ex Asia to USA and Europe

With less than four weeks before China’s national Golden Week holiday (1st-7th October) following which the traditional slack season begins, the container shipping lines are ramping-up their trans-Pacific and North…

By Paul Kelly in News Posted: 26th, July, 2023

Mixed performance on sea freight lanes

Last week’s spot rate data saw trans-Pacific rates into the US West and East Coasts increase for the 3rd consecutive week, while rates from Asia into North Europe flatlined, Asia…

By Paul Kelly in News Posted: 18th, June, 2023

China and Western supply chains are interlocked

The countries with which China has the closest economic relationships are Western, including America, South Korea, Singapore, Japan and Germany and China’s export industries remain highly dependent on Western demand.…

By Paul Kelly in News Posted: 22nd, February, 2023

Asia freight market update; February 2023

The traditional Chinese New Year air and sea freight demand spike was extremely muted this year, with the container shipping lines reducing the number of westbound departures due to the…

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…

Popular Posts
Smart supply chains and business growth

14th, June, 2023

Effective supply chains are essential to support business operation and growth, and the supply chain’s…

Global freight update

20th, August, 2020

Some areas of global trade continue to experience extreme congestion, while other areas are operating…

Disruption and now surcharges at Felixstowe

25th, September, 2020

With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some…