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Posts from February 2021

 
China’s shipowners and port groups urge efforts to temper sky-high box rates 
 
China Shipowners’ Association and China Ports and Harbours Association call on carriers and ports to make more efforts to reduce shipping costs. These include adding vessel capacity and accelerating empty container circulation
 
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A.P. MOLLER - MAERSK WILL OPERATE THE WORLD’S FIRST CARBON NEUTRAL LINER VESSEL BY 2023 
 
Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller - Maersk has accelerated the efforts to decarbonise marine operations with the launch of the world’s first carbon neutral liner vessel in 2023 - seven years ahead of the initial 2030-ambition. 
 
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LONDON GATEWAY IS NEW PORT OF CALL FOR TWO MAJOR INTERNATIONAL SHIPPING SERVICES 
 
DP World has announced that London Gateway, Britain’s fastest growing container terminal, is now the UK port of call for two new major international shipping services, connecting the economies of Western Europe with the Eastern Mediterranean, North Africa and Russia. 
 
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Red hot box rates show first signs of cooling 
 
Sky-high spot rates have been sustained on container shipping’s trunk trades in 2021 so far, but there are finally signs of respite ahead of the post-Chinese New Year period. 
 
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New EU country measures bring border chaos to goods transport 
 
The International Road Transport Union (IRU) has urged the European Union (EU) to “stand firm” against new COVID-19 measures imposed by several member states,which it says are beginning to cause chaos to goods transport by road across Europe, in particular, on the key trade route from Italy northwards across the Brenner Pass, as well as on East-West corridors. 
 
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Global supply chains ‘unlikely to fully recover this year’ 
 
Supply chain industry executives hold little hope for a global recovery from the Covid-19 pandemic in 2021, although many still see opportunities to increase business activity in emerging markets, despite a shift in the factors driving such investments, the annual Agility Emerging Markets Logistics Index survey today reveals. 
 
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Felixstowe completes ro-ro upgrade 
 
Work to allow the Port of Felixstowe to accommodate larger ro-ro vessels and improve the efficiency of vessel operations has been completed, the port’s operator revealed this week, reporting rising volumes in recent weeks due to the UK’s new import requirements for EU goods. 
 
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Sharp decline in EU-UK ‘short strait’ truck volumes 
 
Truck volumes on short strait cross-Channel services in January showed a sharp decline on the same month last year and are understood to still be well below their normal levels in the first days of February, with one effect being that the new UK-EU customs clearance and other freight procedures have yet to be fully put to the test. 
 
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Ocean freight rates set to stabilise but at high levels 
 
Ocean freight rates on transpacific and Asia-Europe trade lanes soared on sustained demand and a shrinking pool of available, empty containers last year but the weeks to come are set to bring a stability in prices while remaining at relatively high levels, according to expert and industry sources. 
 
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