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Posts from September 2021

 
DP WORLD TO INVEST £300M IN NEW FOURTH BERTH AT LONDON GATEWAY 
 
DP World has announced that it will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity for the world’s largest vessels. 
 
The £300m sum - which builds on the £2bn investment DP World has made in Britain over the last decade – represents the next step by the leading global provider of smart logistics in delivering integrated supply chain solutions for customers. 
 
Click on the below link to read more. 
 
 
Air freight rates ex-Asia rise to new highs 
 
Air freight spot rates ex-Asia have surged again this week to their highest level this year and some of the highest levels on record, with significant increases from Hong Kong (HKG) and Shanghai (PVG) to North America and Europe. 
 
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Little relief in sight for container equipment shortages 
 
The shortage of boxes that is plaguing shippers is not due to any underinvestment in the equipment fleet, but due to the extended time they are spending in transit, according to container shipping specialist Drewry 
 
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Port operations in Shanghai and Ningbo halted by Typhoon Chanthu 
 
Ports in Shanghai and Ningbo, the world’s largest and third-largest container hubs, have closed for the second time due to the impact of a typhoon this summer. 
 
China’s National Meteorological Centre has issued an orange alert, the second-most serious level, for the Typhoon Chanthu, which is expected to make landfall in the Zhoushan Archipelago, Zhejiang province on Monday with strong gales and heavy rainfall. 
 
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