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…
Archive: Supply chain
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…
Bright start to new year for air freight
The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on…
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.…
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…
Sea freight surcharge review
As the container shipping lines make their first attempt of 2024 at raising freight rates from Asia, with huge GRIs announced for mid-December and January, we review the ‘temporary’ surcharges…
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…
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…
Leading shipping lines announce Asia-Europe price hike
With no significant peak season in evidence and despite record-breaking deliveries of new container ships, the three biggest carriers have announced General Rate Increases (GRIs) effective from the 1st August.…
Supply chain resilience in ‘normal’ times
The pandemic accelerated transformation in supply chain operations, as businesses finally understood how critical resilience is and where business leaders once viewed the supply chain as an opportunity to drive…
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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…
Disruption and now surcharges at Felixstowe
With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some…