News 

Posts tagged “Exports”

 
Vietnam to boost domestic box fleet as more shippers shift from China 
 
Vietnam’s state-controlled shipping group, Vietnam Maritime Corp (VIMC), plans to acquire more containerships and build more inland box depots in a bid to boost its competitiveness. 
 
VIMC is hoping to work with investors to develop the inland container depots and distribution and logistics centres in areas such as Haiphong, Hanoi, Danang, Quy Nhon and Ho Chi Minh City. 
 
Click on the below link to read more. 
 
 
Shippers brace for freight rate and BAF increase onslaught 
 
A definite end to rock-bottom freight rates could be in sight, as carriers take advantage of tight capacity management to launch rate restoration programmes across their networks in the next few weeks. 
 
Moreover, shippers can expect an increase in bunker surcharges, as the shipping lines ramp up BAFs to mitigate the impact of higher fuel costs. 
 
Click the below link to read more. 
 
 
Positive ocean freight sentiment keeps the charter market bullish 
 
More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter market rally, with aggressive carriers still snapping-up tonnage as it becomes open. 
 
According to a recent survey of supply chain professionals by logistics platform Container xChange, 48% of respondents believe this year’s peak season will be better than last year’s. 
 
Click on the below link to read more. 
 
 
DP WORLD SETS NEW SOUTHAMPTON RECORD FOR HANDLING CONTAINERS ON SHIP 
 
DP World’s team at Southampton has broken its all-time move count record after handling more than 9,000 containers on a ship which visited the logistics hub last week. 
 
Click on the below link to read more. 
 
 
SHIPPERS BRACE FOR MARKET BOUNCE 
 
Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final quarter of 2022, marking the traditionally busiest period of the year as the ‘peak season without a peak’. 
 
Volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple with persistent inflation and high energy prices, suppressing consumer demand for goods across nearly all economic sectors. 
 
On the demand side, many carriers and service providers are anticipating a recovery in demand in the second half of the year 
 
Click on the below link to read more. 
 
 
THAMES FREEPORT GIVEN GREEN LIGHT BY UK GOVERNMENT 
 
The Thames Freeport has been given the go ahead to formally constitute its board and start operating fully, following the approval of the final business case by the UK Government. 
 
The Freeport is an economic zone located in the Thames Estuary and UK’s largest port - the Port of London. With 1,700 acres of development land, no location can match Thames Freeport for access to Europe’s largest consumer market and its excellent connectivity to 18 million people. 
 
Click on the below link to read more. 
 
 
2M axes Asia-North Europe loop, as carriers shop for more tonnage 
 
After successive weeks of blanking its AE1/Shogun Asia-North Europe loop, the 2M Alliance has finally confirmed that the service is to be suspended. 
 
It is the first alliance service on the trade lane to be officially culled and is likely to be followed by the removal of more in the weeks to come as ocean carriers try to mitigate the impact of significantly reduced demand. 
 
Click on the below link to read more. 
 
 
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody' 
 
There may be signs that rate erosion is easing as reductions look to have slowed significantly. On the key transpacific and Asia to Europe trade lanes, the indices are clearly showing that the rate erosion from the stellar highs of a year ago is beginning to ease. 
 
Click on the below link to read more. 
 
 
EUROTUNNEL LAUNCHES FIRST, THE NEW PREMIUM OFFER FOR ITS FREIGHT CUSTOMERS 
 
Eurotunnel is launching FIRST, a distinctive new service to better meet the needs of freight customers who are looking for additional time savings and dedicated support on their channel crossings. 
 
First is a subscription-based offer that includes a range of innovative services, including priority access to check-in lanes, boarding lanes and to the Douane/SIVEP customs, plant and animal control centres. Digitisation of the customer journey also allows automatic recognition of truck number plates, guaranteeing a smooth and simplified journey. 
 
Click on the below link to read more. 
 
 
CLDN TO START NEW TEESPORT SERVICE FROM ZEEBRUGGE / ROTTERDAM AND SIGNIFICANTLY EXPAND CAPACITY TO PURFLEET 
 
CLdN, the logistics specialist for sea, rail and road, announced today that it will start new services from the European mainland to Teesport in the North East of England and expand its existing service to London (Purfleet). 
 
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