News
19/01/2023 898 Views
Container shipping’s pandemic-driven surge has finally come to end as imports through the United States’ major container ports falls below the 2 million TEUs mark, the National Retail Federation said Monday in its monthly global port tracker report.
19/01/2023 1127 Views
A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply chains, and were prepared to do, and pay, ‘whatever it took’.
11/01/2023 862 Views
Now China’s Covid restrictions have been relaxed, worker shortages and factory closures, due to outbreaks of the virus, are the latest disruptions to hit the country’s supply chains.
11/01/2023 1154 Views
Senior executives at Yang Ming Marine Transport held a media briefing to say that while the upcoming Chinese New Year has boosted fleet utilisation to nearly 100%, the outlook for early 2023 remains uncertain and shippers have sought to reduce contracted rates for long-haul lanes.
06/01/2023 1123 Views
French liner CMA CGM has told customers it will restrict bookings for shipments due to arrive at ports in southern China in early 2023, due to a suspension of service by feeder and barge operators through January.
05/01/2023 1299 Views
Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January.