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Posts tagged “European Imports”

 
Ocean freight disruption could hasten re-positioning of supply chains 
 
The prolonged disruption to ocean freight logistics with continuing patterns of container equipment and vessel capacity shortages, port congestion and delays, could hasten structural change in global supply chains put to the severest of tests over the past 18 months. 
 
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P&O FERRIES’ DOVER-CALAIS FLEET BACK TO FULL STRENGTH AS FIFTH SHIP SETS SAIL ON RETURN TO SERVICE 
 
The Pride of Burgundy – P&O Ferries fifth ship on its Dover-Calais route – arrived yesterday at the Port of Dover, returning to service with its first sailing in over a year. 
 
With capacity to carry 120 lorries, the 28,000-ton Pride of Burgundy will return in freight-only mode, making two return journeys each day. The addition of a fifth ship comes in response to growing demand from British and European customers and will expand options for those requiring rapid and reliable transportation of goods between pivotal markets. 
 
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European road freight prices leap as available capacity plummets 
 
European road freight spot prices jumped by more than 8% in May to a three-year high as available capacity plummeted to a three-year low, according to the latest monthly analysis by Transporeon, which attributed the changes largely to signs of economic recovery after the worst effects of the pandemic. 
 
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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). 
 
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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. 
 
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Post-Suez box port crunch in Europe less severe than feared 
 
While the Suez Canal blockage at the end of last month is set to prolong the current operational capacity issues in ocean freight, it has not led to the catastrophic congestion crisis some had feared, major forwarders have told Lloyd’s Loading List. 
 
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Ex-Shanghai ocean freight rates edge up to new record highs 
 
Ex-Shanghai ocean freight rates edged up to new record highs last week due to continuing strong demand and ongoing bottlenecks and capacity constraints – exacerbated and prolonged by the knock-on effects of last month’s blockage of the Suez Canal. 
 
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UK post-Brexit lorry management measures stood down 
 
Some post-Brexit road freight traffic management measures put in place ahead of the UK’s departure from EU rules on 1 January will be removed this month, “as trade returns to normal levels” the UK’s Department for Transport (DfT) today announced. 
 
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DFDS LAUNCHES NEW SERVICE FROM SHEERNESS TO CALAIS 
 
The service will start on the 1st of June and will offer one daily sailing in each direction between the two ports. 
 
The service will be operated by the Gothia Seaways, which can carry up to 165 unaccompanied freight units (trailers or containers without drivers). 
 
For more information, please click on the below link. 
 
 
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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