Archive: China

By Paul Kelly in News Posted: 19th, October, 2024

Sea freight faces capacity cuts and shifting alliances

While the early October strike at US East Coast ports was resolved after three days, the lingering impact of vessel backlogs and congestion will take time to clear. However, carriers…

By Paul Kelly in News Posted: 30th, July, 2024

Shipping lines secure capacity for the peak season

As we progress through the traditional container shipping peak season, analysing the planned levels of blank sailings and capacity deployment for the remainder of the third quarter provides valuable insight…

By Paul Kelly in News Posted: 3rd, July, 2024

Considering what H2 2024 may have in store for sea freight

Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…

By Paul Kelly in News Posted: 5th, June, 2024

Port congestion growing

The additional two weeks it takes for ships to sail around the Cape of Good Hope as a result of the Red Sea conflict’s effective closure of the Suez Canal…

By Paul Kelly in News Posted: 8th, May, 2024

Ex-Asia spot rates rise with cargo rolled

As predicted in our last freight market report the container shipping lines believe that volumes are rebounding to Europe, with projections for US imports also increasing and with capacity squeezed…

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.…

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