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Posts tagged “Containers”

 
Container prices surge in China and India 
 
The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers. 
 
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Evergreen blocked from offloading cargo from Ever Given 
 
Efforts by Evergreen, the operator of Ever Given, to have the vessel’s cargo separated from the ship in any legal action have failed. 
 
The 20,000 teu Ever Given (IMO: 9811000) was arrested by Egyptian authorities, pending settlement of the Suez Canal Authority’s almost $1bn claim for compensation, after the grounding of the vessel shut down the key waterway for six days last month. 
 
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Ports brace for 1.9m TEU post-Suez spike 
 
Logistics visibility specialist project44 has highlighted that container ships faced cumulative delays of more than 1,000 days following the Suez Canal incident late last month and that there is now more than 1.9 million TEU of capacity making their way to ports – “threatening to swamp ports with bottlenecked cargo for weeks to come”. 
 
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Ocean freight rates set to stay elevated until 2023 
 
Ocean freight rates look set to stay elevated for another two years, as disruption continues to restrict capacity and with new vessel orders remaining relatively low until at least 2023, according to container shipping analyst Drewry. But it believes things may not be so easy for carriers after 2022, as a flurry of new orders in the last few months is set to change container shipping’s supply-demand dynamic. 
 
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Maersk says post-Suez disruptions will last well into May 
 
Almost two weeks since the Ever Given was re-floated, box traffic through the Suez Canal has more or less returned to normal, but the knock-on effects will last well into May, Maersk has warned. 
 
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DP WORLD ANNOUNCES £40M INVESTMENT IN SOUTHAMPTON THIS YEAR 
 
DP World has announced that Southampton, Britain’s second largest container terminal, will benefit from a major programme of investment in 2021 designed to take it up to the next level as a premier international freight and logistics hub. 
 
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CONNECTING ISTANBUL AND THE UK VIA RAIL 
 
As part of MSC’s comprehensive range of cargo services between Europe and the UK, they are now offering the Omerli-Tekirdağ rail service. 
 
Once the cargo departs Turkey via Asyaport (Port of Tekirdağ), it’s just eight days until it reaches the Port of Felixstowe in the UK (or 12 days to the Port of Liverpool). 
 
Click Read More for more information on this service and how we can help with your cargo movements from and to Turkey. 
 
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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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. 
 
Please click on the below link to read more. 
 
 
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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