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Posts from March 2021

 
Ports prepare for Suez surge 
 
Following the refloating of the 20,000 teu Evergreen containership ‘Ever Given’ that has been blocking the Suez Canal for the best part of a week, attention is now turning to the surge of imports that are due to arrive at Europe’s shores as a backlog of vessels begin to transit the canal. 
 
Among those ships that have been waiting to transit the canal are 100 containerships with an aggregated capacity of 1m teu, according to figures from Lloyd’s List Intelligence. While some of that cargo is outbound or empties, on average 52% of canal capacity each week is northbound to Europe. 
 
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UK announces Covid tests for inbound hauliers 
 
Hauliers arriving in England from outside the UK from 6 April onwards will need to take a COVID-19 test if they are staying for more than two days, the UK government has announced, as the country bids to limit the numbers of infections of potentially vaccine-resistant variations of the virus. 
 
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Ever Given under way after being floated off 
 
After a week of disruption, the Suez Canal is preparing to reopen after Ever Given finally gets under way 
 
The ship that has been blocking Suez Canal transits appears to have finally been pulled clear of the bank side and is now in mid channel, according to automatic identification system data from Lloyd’s List Intelligence. 
 
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Disruption to cross-Channel trade if France added to COVID 'red list' 
 
Travel to and from France may be banned to control the spread of a 'third wave' of COVID-19 coronavirus from mainland Europe despite the move creating a risk of “very serious disruption” to food and medicine supplies, according to Boris Johnson. 
 
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Suez Canal remains blocked despite efforts to re-float grounded ‘Ever Given’ 
 
The Suez Canal remains closed following the grounding of a fully laden Evergreen-operated 20,000 teu containership on Tuesday, blocking traffic on one of the world’s most important waterways. 
 
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No let-up expected in buoyant air cargo market 
 
High demand will continue to buoy air cargo charter activity over the next few months, consolidating the strong start to 2021, although prices may cool somewhat from their current high levels, according to a leading air freight broker. 
 
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Asia-Europe ocean freight markets show signs of slight easing 
 
Forwarding and other freight sources report some easing of ex-Asia ocean freight markets in the last three or four weeks, including reductions in pricing from China, better availability of containers at origin, and some easing of congestion in destination ports. But some believe it may be ‘the eye of the storm’, with more disruptions to come as recently blanked services come back on line. 
 
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Ocean freight pressures set to continue until at least summer 
 
Difficulties experienced throughout much of the global ocean freight logistics chain for several months look set to continue well into the second quarter (Q2) of this year, according to freight forwarding and other sources, including high prices, poor vessel reliability, capacity issues and acute equipment shortages. 
 
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