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Posts tagged “Containers”

 
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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US box imports set for ‘dramatic’ H1 growth 
 
Imports at the largest US container ports are expected to grow “dramatically” during the first half of 2021, particularly in comparison with last year’s disrupted market, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. 
 
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Higher contract rates ahead as shippers seek security 
 
Contract freight rates have risen sharply and could well remain high for the remainder of 2021 and beyond, as shippers that had successfully played the spot market in the past have been hit hard by the recent ocean supply constraints and now seek longer-term commitments. 
 
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China’s shipowners and port groups urge efforts to temper sky-high box rates 
 
China Shipowners’ Association and China Ports and Harbours Association call on carriers and ports to make more efforts to reduce shipping costs. These include adding vessel capacity and accelerating empty container circulation
 
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A.P. MOLLER - MAERSK WILL OPERATE THE WORLD’S FIRST CARBON NEUTRAL LINER VESSEL BY 2023 
 
Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller - Maersk has accelerated the efforts to decarbonise marine operations with the launch of the world’s first carbon neutral liner vessel in 2023 - seven years ahead of the initial 2030-ambition. 
 
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LONDON GATEWAY IS NEW PORT OF CALL FOR TWO MAJOR INTERNATIONAL SHIPPING SERVICES 
 
DP World has announced that London Gateway, Britain’s fastest growing container terminal, is now the UK port of call for two new major international shipping services, connecting the economies of Western Europe with the Eastern Mediterranean, North Africa and Russia. 
 
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Red hot box rates show first signs of cooling 
 
Sky-high spot rates have been sustained on container shipping’s trunk trades in 2021 so far, but there are finally signs of respite ahead of the post-Chinese New Year period. 
 
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Global supply chains ‘unlikely to fully recover this year’ 
 
Supply chain industry executives hold little hope for a global recovery from the Covid-19 pandemic in 2021, although many still see opportunities to increase business activity in emerging markets, despite a shift in the factors driving such investments, the annual Agility Emerging Markets Logistics Index survey today reveals. 
 
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