Archive: Sea Freight

By Paul Kelly in News Posted: 15th, February, 2024

US sea freight spot rates from Asia tracking Europe

Two weeks after sea freight spot rates from Asia to Europe started to peak, when the scramble for capacity ahead of Lunar new Year subsided, it seems that the US…

By Paul Kelly in News Posted: 15th, February, 2024

All change at the shipping alliances

After announcing the end of the 2M alliance Maersk is joining with Hapag-Lloyd to form The Gemini Cooperation, in a move that will shake up the East-West container shipping market.…

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: 3rd, January, 2024

Suez crisis: Shippers from Asia face capacity and equipment challenges

The shock of the double-attack on the Maersk Hangzhou on Sunday has prompted the Danish shipping line to follow other leading container shipping lines and divert their vessels away from…

By Paul Kelly in News Posted: 13th, December, 2023

Container shipping on alert

The Gulf of Aden is the approach to the Suez Canal from Asia, with 50-60 vessels transiting each day, but as a result of the situation in Israel attacks in…

By Paul Kelly in News Posted: 13th, December, 2023

Sea freight surcharge review

As the container shipping lines make their first attempt of 2024 at raising freight rates from Asia, with huge GRIs announced for mid-December and January, we review the ‘temporary’ surcharges…

By Paul Kelly in News Posted: 30th, November, 2023

Emissions Trading Scheme surcharge

The EU Emission Trading Scheme (EU ETS) was established in 2005 to tackle greenhouse gas emissions within the European Union and extends to container shipping from the 1st January 2024,…

By Paul Kelly in News Posted: 30th, November, 2023

Asia to US East/West Coast rate disparity falls

Historically East Coast sea freight rates from Asia have always been significantly higher than West Coast rates, because much smaller traffic volumes were routed to the East Coast, but recent…

By Paul Kelly in News Posted: 15th, November, 2023

Panama Canal restrictions may trigger supply chain changes

At the start of the week AIS tracking site Vesselfinder showed 123 ships waiting to transit the Panama Canal, which is almost a third over the average since the Canal…

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