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.…
Archive: Supply chain
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…
China and Western supply chains are interlocked
The countries with which China has the closest economic relationships are Western, including America, South Korea, Singapore, Japan and Germany and China’s export industries remain highly dependent on Western demand.…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s resilience and efficiency will ultimately make or break a business. Good supply chain management -…
FMC uphold demurrage complaints
The Federal Maritime Commission (FMC) has received more than 200 complaints since the US Ocean Shipping Reform Act of 2022 (OSRA) was enacted in June 2022, with over 30% being…
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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…