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Posts from June 2023

 
DP WORLD INVESTS £12M IN FULLY ELECTRIC STRADDLE CARRIERS AT LONDON GATEWAY 
 
DP World is investing £12m in eight new straddle carriers to service the ground-breaking new fourth berth at its London Gateway logistics hub. 
 
Click on the below link to read more. 
 
 
DP WORLD’S INNOVATIVE RAIL INCENTIVE TO DRIVE DECARBONISATION OF UK SUPPLY CHAINS 
 
DP World is taking the innovative step of directly incentivising customers to move their imported goods off the road and onto rail in a major new initiative, strengthening its ambition to be the most sustainable logistics business in the UK. 
 
Click on the below link to read more. 
 
 
Cyclone shutters already congested ports on India's busy west coast 
 
All Indian ports along the coastline of Gujarat have halted operations until further notice in the wake of Cyclone Biparjoy heading towards the country’s north-west corridor. 
 
The affected ports are some of the country’s leading container handlers, such as Mundra, Pipavav and Hazira. 
 
Click on the below link to read more. 
 
 
North Europe rates still falling, while the transpacific spikes 
 
Container spot rates from Asia to North Europe remained under pressure this week, while transpacific rates have been boosted by potential supply chain issues linked to US west coast industrial action and Panama Canal draught restrictions. 
 
As peak season orders continue to disappoint, the Freightos Baltic Exchange (FBX) Asia-North Europe component slumped 16% in the past seven days, to $1,195 per 40ft, which compares with $10,599 a year ago. 
 
Click on the below link to read more. 
 
 
Major ocean carriers set course for more-profitable routes 
 
Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic, this has translated into widely different trading patterns for the top-ranked lines. 
 
A survey by Alphaliner reveals that, compared with a year ago, most of the top ten carriers have reduced their fleets trading between Asia and North America – MSC in particular having cut the percentage of its tonnage deployed on the transpacific from 16% to just 9%. 
 
Click on the below link to read more. 
 

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