Container fires underline need for shipper protection
Recent containership fires have once again underscored the critical need for proper shipper protection. The latest incident occurred at Sri Lanka’s Port of Colombo, where a fire broke out aboard…
Archive: Supply chain
Global supply chains disrupted by Microsoft IT outage
The IT outage caused by a flaw in CrowdStrike’s cybersecurity software two-weeks ago led to significant disruptions across global supply chains. This incident, impacting 8.5 million computers running Microsoft Windows,…
Shipping lines secure capacity for the peak season
As we progress through the traditional container shipping peak season, analysing the planned levels of blank sailings and capacity deployment for the remainder of the third quarter provides valuable insight…
Considering what H2 2024 may have in store for sea freight
Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double in 2024, with falling inflation triggering lower interest rates, to stimulate domestic markets and consumer…
US import volumes surge
Despite talk of deglobalization, near-shoring and global economic tensions sea-borne imports into the United States continue to grow, increasing by more than a quarter on pre-COVID 2019. With the trade…
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…
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…
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…
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…
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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…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…