Archive: Sea Freight

By Paul Kelly in News Posted: 23rd, April, 2024

Imports grow on trans-Pacific and trans-Atlantic trades

US demand for European goods rose 10% in the first quarter, taking volumes back to pre-pandemic levels, while growth in imports from Asia has been accelerating this year, growing 11%…

By Paul Kelly in News Posted: 23rd, April, 2024

China trade into Mexico and US West Coast

Trade between China and Mexico expanded in 2023 and the massive growth in movements saw Mexico leapfrog China in the first quarter to become the No.1 trading partner for imports…

By Paul Kelly in News Posted: 26th, March, 2024

Container ship in catastrophic Baltimore bridge collision

This morning at 05:30 GMT, the containership “Dali” collided with the mile-long Francis Scott Key Bridge in Baltimore, with a significant section of the bridge collapsing into the Patapsco River…

By Paul Kelly in News Posted: 14th, March, 2024

Asia and freight market update; March 2024

Many of the world’s top ocean freight stakeholders gathered in Long Beach, California earlier this month for the annual TPM conference, which this year takes place under the shadow of…

By Paul Kelly in News Posted: 7th, March, 2024

Asia shippers benefit from latest alliance changes

New alliance will offer shippers 95% vessel schedule reliability, which will be very appealing to businesses that want to keep inventory levels lean, but competitors may offer alternative solutions that…

By Paul Kelly in News Posted: 28th, February, 2024

Sea freight; February review

As we were moving through the final quarter of 2023 - before the Red Sea Houthi attacks started - the outlook for the container shipping lines continued to look gloomy,…

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…

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