Asia and freight market update; May 2024
Carriers have been pushing spot rates increases, GRIs and surcharges on all Asia outbound lanes, due to increased demand and increasing equipment challenges in more origins and it would be…
Archive: Shipping News
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…
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…
Global freight update
Some areas of global trade continue to experience extreme congestion, while other areas are operating as normal for this time of year. Sea Freight There is high demand from China,…
Lines announce Q3 blanked sailings
Lines write off any hope for a 2020 peak season, with the announcement of blank sailings for the third quarter global network schedule, with 75 blank sailings already announced for…
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; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
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…