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Posts tagged “Sea Freight”

 
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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Ocean freight rates set to stabilise but at high levels 
 
Ocean freight rates on transpacific and Asia-Europe trade lanes soared on sustained demand and a shrinking pool of available, empty containers last year but the weeks to come are set to bring a stability in prices while remaining at relatively high levels, according to expert and industry sources. 
 
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Box port delays causing service cancellations 
 
Major global container lines are being forced to cancel significant numbers of east-west services due to exceptionally long delays to vessels caused by congestion in Asian and North American ports. 
 
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PORT OF FELIXSTOWE SELECTED FOR UK GOVERNMENT 5G TRIAL 
 
Hutchison Ports’ Port of Felixstowe will be the largest UK port to deploy 5G technology and the Internet of Things (IoT) to enhance productivity, efficiency and safety across its core operations 
 
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Ocean freight issues adding to squeeze on air cargo capacity 
 
Shortages of containers and capacity for ex-China exports plus vessel schedule disruption are continuing to drive modal shift to air, adding to a squeeze on air freight capacity already stretched by buoyant demand. 
 
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