Posts tagged “Logistics”

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Vietnam to boost domestic box fleet as more shippers shift from China

Posted on 25th April 2023 at 09:28

 

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. 

 

https://theloadstar.com/vietnam-to-boost-domestic-box-fleet-as-more-shippers-shift-from-china/ 

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Shippers brace for freight rate and BAF increase onslaught

Posted on 11th April 2023 at 13:23

 

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. 

 

https://theloadstar.com/shippers-brace-for-freight-rate-and-baf-increase-onslaught/ 

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Positive ocean freight sentiment keeps the charter market bullish

Posted on 11th April 2023 at 13:17

 

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. 

 

https://theloadstar.com/positive-ocean-freight-sentiment-keeps-the-charter-market-bullish/ 

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SHIPPERS BRACE FOR MARKET BOUNCE

Posted on 3rd April 2023 at 18:39

 

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. 

 

https://www.multimodal.org.uk/article/shippers-brace-for-market-bounce?utm_source=feedotter&utm_medium=email&utm_campaign=FO-03-31-2023&utm_content=httpswwwmultimodalorgukarticleshippersbraceformarketbounce 

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THAMES FREEPORT GIVEN GREEN LIGHT BY UK GOVERNMENT

Posted on 27th March 2023 at 15:55

 

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. 

 

https://www.multimodal.org.uk/article/thames-freeport-given-green-light-by-uk-government?utm_source=feedotter&utm_medium=email&utm_campaign=FO-03-24-2023&utm_content=httpswwwmultimodalorgukarticlethamesfreeportgivengreenlightbyukgovernment 

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Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

Posted on 20th March 2023 at 17:12

 

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. 

 

https://theloadstar.com/rate-erosion-may-be-easing-but-rock-bottom-prices-are-not-good-for-anybody/ 

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PROLOGIC DIGITALLY DRIVES OPERATIONS

Posted on 7th March 2023 at 09:10

 

PROLOGIC DIGITALLY DRIVES OPERATIONS 

 

We have invested in developing our transport management system to enable us to digitalise a lot of processes and create more efficiencies in our day to day operations. This investment will provide real time tracking for all of our customers through a customer portal, creating more transparency and helping us drive our customer service and experience to new levels. 

 

Please click on the below link to read more. 

 

https://www.fargosystems.com/2023/02/prologic-digitally-drives-operations/ 

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WEC LINES FURTHER EXPANDS PORT OF LIVERPOOL SERVICES

Posted on 7th March 2023 at 08:53

 

WEC LINES FURTHER EXPANDS PORT OF LIVERPOOL SERVICES 

 

Dutch shipping company WEC Lines has expanded its existing service into the Port of Liverpool with a new series of weekly calls into the port from Northern Spain, Portugal, North Africa and the Canary Islands. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/wec-lines-further-expands-port-of-liverpool-services 

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ABP LAUNCHES £2 BILLION PLAN FOR ENERGY TRANSITION GROWTH AND NET ZERO 2040

Posted on 7th March 2023 at 08:44

 

ABP LAUNCHES £2 BILLION PLAN FOR ENERGY TRANSITION GROWTH AND NET ZERO 2040 

 

Associated British Ports has launched its wide ranging new sustainability strategy, Ready for Tomorrow (RFT), backed by a plan to invest around £2 billion in decarbonising its own operations by 2040 at the latest and in major infrastructure projects to enable the wider UK energy transition. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/abp-launches-gbp2-billion-plan-for-energy-transition-growth-and-net-zero-2040 

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ONE AND SONY TO CREATE A SMART CONTAINER SOLUTION

Posted on 27th February 2023 at 10:12

 

ONE AND SONY TO CREATE A SMART CONTAINER SOLUTION 

 

Ocean Network Express (“ONE”) has announced plans to develop and integrate a smart container solution across their global fleet. The development of the smart container solution will be done in collaboration with Sony Network Communications Europe (“Sony”). 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/one-and-sony-to-create-a-smart-container-solution?utm_source=feedotter&utm_medium=email&utm_campaign=FO-02-24-2023&utm_content=httpswwwmultimodalorgukarticleoneandsonytocreateasmartcontainersolution 

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