Archive: Sea Freight

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: 5th, June, 2024

Vancouver dock workers, railways and Canadian Customs staff edge closer to strike action

We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…

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: 7th, May, 2024

New ocean service is fastest between Ireland and U.S.

Offering transatlantic transit times that will be one to two weeks faster than current services from Dublin and Belfast, a new container shipping service launches tomorrow and with spare time…

By Paul Kelly in News Posted: 6th, May, 2024

Leading the way with greener shipping

Global forwarding is the first freight forwarder in the Republic of Ireland to invest in climate-friendly shipping with a Top Five container shipping line, and the first to actively avoid…

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…

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