EU end carrier anti-trust exemption
With the European Union ending antitrust exemption for the container shipping alliances and imposing carbon taxes on shipping, the lines already have a challenging 2024. The abolition of the Consortia…
Archive: Sea Freight
Container shipping line options for 2024
Despite vocal shipper complaints and the EU’s subsequent action on CBER, there’s no compelling case that carriers abused market power during the pandemic. In fact the extraordinary impact of COVID…
Shippers need to take note of EU-ETS surcharge
New EU emissions regulations are set to come into force in January, covering voyages into, out of and through the EEA and the maritime industry’s cost of compliance could be…
New vessels join global fleet as sailings blanked
The percentage of industry-wide blanked capacity between Asia and Europe has increased significantly from previous years to 17%, with Golden Week cancellations spiking, while 47 new container ships have already…
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…
Trans-Atlantic opportunities but you need to act now
After three years, the container shipping lines’ trans-Atlantic feeding frenzy is over and with rates now well below pre-pandemic levels, this is the time for shippers to take advantage -…
Panama Canal risk rising
While ongoing vessel and draft restrictions on the Panama Canal have not impacted shippers yet, we are monitoring the increasing queue of container ships waiting to transit the canal closely,…
Asia and freight market update; August 2023
The container shipping line’s capacity management is driving rate recovery from Asia to the US, Europe and the Med, while the quiet summer period continued in airfreight markets during July,…
75% of ILWU Canada membership ratify deal
With union members voting to accept a contract tentatively reached in Western Canada and the port of Halifax, Montreal is the last major container port to agree a new labor…
Asia freight market update; July 2023
A subdued peak season, followed by a lengthy slack period, will prompt further rate erosion from Asia to Europe, while rising imports have been driving trans-Pacific spot rates up and…
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Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
Global freight update
Some areas of global trade continue to experience extreme congestion, while other areas are operating…