News 

Posts tagged “Containers”

 
Yantian ‘resumes full operations’ 
 
China’s key southern container port of Yantian is expected to return to full operations today following several weeks of partial closure – although it will take weeks or even months to clear backlogs of cargo, freight sources warn, especially as peak season approaches. 
 
Click on the below link to read more. 
 
 
Deal reached on release of Ever Given 
 
The insurer of Ever Given said an agreement in principle has been reached to release the ship from the Suez Canal. 
 
The UK P&I Club said the deal followed extensive discussions with the Suez Canal Authority’s negotiating committee in recent weeks. 
 
Please click on the below link to read more. 
 
 
Port congestion and rising demand forces carriers into schedule adjustments 
 
Increased demand and worsening port congestion in Asia is forcing the east-west alliance carriers to temporarily adjust their liner service networks. 
 
With long waits for berths on the US west coast and at several North European ports, attempts by shipping lines to recover a vessel’s schedule are being thwarted. 
 
Please click on the below link to read more. 
 
 
Liverpool recovering from severe port disruption 
 
The Port of Liverpool is hoping to make significant progress this week towards recovering from a period of severe disruption in the last two weeks that has led to high levels of delays and frustration among cargo customers. 
 
Please click on the below link to read more. 
 
 
Ocean freight spot rates rise further 
 
Ocean freight spot rates on major East-West trades have seen further significant rises this week, including double-digit percentage rises on some transpacific and transatlantic lanes, the latest data from Drewry reveals, with further rises expected this week. 
 
Click on the below link to read more. 
 
 
Yantian ‘contagion’ will spread around the world 
 
Long-suffering cargo owners face another wave of pain as the terminal congestion from the coronavirus outbreak in southern China threatens to ripple around the world. 
 
Click on the below link to read more. 
 
 
Asia-North Europe ocean rates 'jump' further 
 
Aside from another “jump” in Asia-North Europe ocean rates, which spiked 15% and US$500 past the US$10,000/FEU mark this week, prices stayed level on most major lanes, according to the latest international freight update published by digital rates specialist Freightos, which incorporates the Freightos Baltic Index (FBX). 
 
Click on the below link to read more. 
 
 
Mid-value products ‘getting priced out’ of ocean freight 
 
A number of significant lower-value commodities such as furniture and large electrical and electronic appliances are becoming ‘priced out’ of major intercontinental ocean freight markets because of the elevated freight rates facing importers currently, new analysis by Sea-Intelligence has revealed. 
 
Click on the below link to read more. 
 
 
Yantian Port halts entry for export containers 
 
The Port of Yantian said it will stop taking in loaded containers as congestion at the export hub in Southern China deteriorates. 
 
The restriction will be implemented from 2200 hrs local time on May 25 to 2359 hrs on May 27 and will only be partly lifted afterwards for export boxes with their vessels expected to arrive at the port within the next four days. 
 
Click on the below link to read more. 
 
 
Driver shortage will undoubtedly hit the consumer 
 
The UK is facing a massive reduction in the number of qualified HGV drivers, which has been exacerbated by Brexit, the Covid-19 pandemic and recent IR35 tax changes. 
 
The RHA has warned the Government that the UK’s ongoing HGV driver shortage will inevitably have an impact on the consumer, as the price of goods on the shelves is set to rise. 
 
Click on the below link to read more. 
 

Tags

Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings