Archive: Supply chain

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: 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: 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: 15th, February, 2024

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…

By Paul Kelly in News Posted: 15th, February, 2024

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…

By Paul Kelly in News Posted: 15th, February, 2024

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.…

By Paul Kelly in News Posted: 1st, February, 2024

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…

By Paul Kelly in News Posted: 13th, December, 2023

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…

By Paul Kelly in News Posted: 4th, October, 2023

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…

By Paul Kelly in News Posted: 26th, July, 2023

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

23rd, 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

14th, June, 2023

Effective supply chains are essential to support business operation and growth, and the supply chain’s…

Global freight update

20th, August, 2020

Some areas of global trade continue to experience extreme congestion, while other areas are operating…