The suspension of trucking services in several parts of China’s Zhejiang province, followed a COVID outbreak just over a week ago and has slowed the movement of cargo through one of China’s biggest and most important ports, Ningbo. Strict controls were imposed on lorries moving goods to or from the Beilun district in Ningbo after …
All around the world, companies have been impacted by supply chain challenges in 2021. With the pandemic’s disruption exacerbated by ‘Black Swan events’, from Brexit, to the Suez Canal blockage, we have been working tirelessly to help our customers overcome these challenges and share critical information, so that they are always informed of what lies …
With supply chains battling through overwhelmed transport systems, material shortages, and infrastructure disruptions for close on two years, we asked our partners in seven key markets to share their thoughts on critical operational elements, including demand, capacity and rates. BANGLADESH | CHINA | DUBAI | INDIA | PAKISTAN | SRI LANKA | USA AIR In …
Delays in receiving and turning vessels around, apparently due to continuing land-side operational disruptions, has prompted 2M partners Maersk and MSC to extend Felixstowe’s omission from the AE7/Condor loop until next March. The world’s largest container shipping alliance, 2M, has announced the removal of the Port of Felixstowe from its AE7/Condor service’s rotation until March …
Yara Birkeland, the world’s first all-electric and emission-free container ship has completed its maiden voyage in Norway, travelling nine miles, from Porsgrunn to the port of Brevik, in the Oslo fjord. The fully electric and self-propelled 120 teu container ship will cut 1,000 tonnes of CO2 and replace 40,000 trips by diesel-powered trucks a year, transporting …
CMA CGM has published their Q3 results and in line with the other major Asia/Europe and trans-Atlantic carriers, they have made an extremely high degree of profit, due to the continued demand for space, exacerbated by global disruption diminishing the amount of vessel space available. The CMA CGM group reported a net profit of USD …
The bulk of the world’s trade is shipped in intermodal shipping containers, which have remained largely unchanged since IMO standardisation 50 years ago, but innovation may be the key to reducing supply chain congestion. Is this a new era of global container shipping? Few tools of the global economy have survived without major innovations as …
Asia’s largest ports are showing signs that congestion is easing ahead of the Christmas holiday season, with Shanghai traffic declining 0.2%, Hong Kong ship count dropping 10.4% and Singapore dropping 14.7% according to an analysis by Bloomberg. While any easing of volume is welcome, Bloomberg’s results are based on a single week’s traffic and the …
Congestion at both ends of the critical Asia-North Europe (this still includes the UK) shipping trade is wrecking vessel schedules, with the average delay of container ships completing a round-trip loop rising by over two weeks, as carriers skip congested ports at both ends, and quite often in between. These extended transit time delays are …
With global supply chains continuing to struggle against pandemic-related congestion and disruption and traditional peak seasons being extended, or seemingly never ending, we are anticipating a pre-Chinese New Year rush in December/ January and would recommend planning supply chains well ahead for 2022. ‘Forewarned is forearmed’ as the saying goes… Despite inventory levels sitting at their lowest ever recorded levels …