Ningbo closure contributes to global vessel congestion
Two weeks since Ningbo container terminals closed after a worker tested positive for COVID-19 and port congestion has spread across China and Asia, while easing in Europe. The lessening of…
Archive: Sea Freight
Sea freight market update
Demand for imports from Asia and the Indian subcontinent (ISC) continues to outstrip shipping line capacity and there are no signs that volumes will soften, maintaining pressure on global supply…
Yantian Port impose COVID restrictions
Restrictions at Yantian port have been announced, following a coronavirus outbreak in the port area last week, with areas suspended from operation, while they undergo intensive cleaning and disinfection. We…
Federal Maritime Commission monitors Asia shipping alliances
The Maritime Commission, the US body responsible for the regulation of ocean carriers and intermediaries, is intensifying its monitoring of shipping alliance activity on the trans-Pacific and trans-Atlantic trades. The…
Container shortage escalates
The shortage of containers in Asian origins is so pronounced that carriers are leaving export cargo on the quay, in favour of shipping empty containers back from Europe and the…
Disruption and now surcharges at Felixstowe
With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some vessels have diverted to Southampton or London Gateway and CMA CGM is introducing a Port…
Shipping lines want digital Bill of Lading
The Digital Container Shipping Association (DCSA) drives technology standards and frameworks for carriers and believes the COVID-19 pandemic has made the need for a standardised industry e-bill of lading (eBL)…
Critical Brexit list highlights need for Global Forwarding
HMRC have started compiling a list of the 50,000 customs agents required to cope with the jump in customs declarations after the UK leave the EU, on the 31st December…
However challenging we will move your cargo
Despite some lines reinstating blanked trans-pacific services, analysts suggest this does not indicate a demand rebound is underway. The Coronavirus pandemic continues to suppress global demand, leading container shipping lines…
Asia – UK rates rising
Fuelled by volume reductions, IMO 2020 surcharges, and demand ahead of Chinese New Year, sea freight rates from Asia to European ports will end 2019 on a high, and could…
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Asia and freight market update; April 2024
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