Liner Updates 2/4

Container-ship logjams off US ports finally easing as imports fall

donavan626

Oct 17, 20223 min read

Container-ship logjams off US ports finally easing as imports fall

The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday.

Transnet declares force majeure at ports over strike

donavan626

Oct 6, 20222 min read

Transnet declares force majeure at ports over strike

Transnet declared force majeure at its ports on Thursday, according to a document seen by Reuters, as workers began an open-ended strike...

Spectre of structural overcapacity looms large over liners

donavan626

Oct 5, 20222 min read

Spectre of structural overcapacity looms large over liners

With a record orderbook looming, tonnage supply could outstrip vessel demand next year

Carriers now 'begging for business' as volumes and rates tumble

donavan626

Oct 4, 20222 min read

Carriers now 'begging for business' as volumes and rates tumble

Xeneta’s long-term XSI shipping index fell last month for the first time since January, and is likely to drop sharply in the coming...

Another week of tumbling spot rates – here come the 'carrot danglers'

donavan626

Sep 26, 20222 min read

Another week of tumbling spot rates – here come the 'carrot danglers'

Container spot rate indices have recorded another week of double-digit declines for Asia-Europe and transpacific headhaul container rates.

Fall in container spot rates ‘much steeper,’ ‘less orderly’ than expected

donavan626

Sep 20, 20223 min read

Fall in container spot rates ‘much steeper,’ ‘less orderly’ than expected

Global index down 44% over past 6 months but still 3.4 times pre-COVID average

NVOCCs Caught in the Middle of Ocean Shipping Reform Act

donavan626

Sep 15, 20224 min read

NVOCCs Caught in the Middle of Ocean Shipping Reform Act

NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention

Demand-led spikes are over for container shipping

donavan626

Aug 23, 20222 min read

Demand-led spikes are over for container shipping

The demand-led spikes seen during the pandemic that propelled container shipping to record earnings are now a thing of the past

Reefer rates bolstered by congestion, shortages and drought in key regions

donavan626

Aug 18, 20222 min read

Reefer rates bolstered by congestion, shortages and drought in key regions

Equipment shortages have helped prop up freight rates for reefers, even as dry container prices continue to decline

Tax contributions from liner billionaires questioned

donavan626

Aug 16, 20224 min read

Tax contributions from liner billionaires questioned

The issue of liner shipping and taxation is once again in the news during a record Q2 earnings season for global carriers.

Australia foreign trade holding up – but domestic logistics a challenge

donavan626

Aug 16, 20222 min read

Australia foreign trade holding up – but domestic logistics a challenge

Australia’s trade with South-east Asia is “holding strong” amid China’s softening economic outlook

More blank sailings on the cards as ocean spot rates continue to tumble

donavan626

Aug 15, 20223 min read

More blank sailings on the cards as ocean spot rates continue to tumble

Container spot rates are falling fast on all export routes from China in what should normally be the peak season for demand.

FMC chairman says lines should compensate shippers, truckers forced to store containers

donavan626

Aug 10, 20222 min read

FMC chairman says lines should compensate shippers, truckers forced to store containers

The commission has already been investigating reports of carriers charging per diem container charges

FMC wants ocean carriers to pay for container storage

donavan626

Aug 5, 20223 min read

FMC wants ocean carriers to pay for container storage

The Port Authority of New York and New Jersey has announced a new “container imbalance fee” for ocean carriers

First inbound ship for Ukraine seaport passes Rhodes

donavan626

Aug 2, 20222 min read

First inbound ship for Ukraine seaport passes Rhodes

The first ship inbound for a Ukrainian seaport in many months passed Rhodes in southern Greece

'Broken' supply chains and 'burned-out' workers slowing transit time from Asia

donavan626

Jul 31, 20222 min read

'Broken' supply chains and 'burned-out' workers slowing transit time from Asia

Despite falling demand, transit times from Asia have failed to improve, signifying a “broken” supply chain

Aussie/NZ ocean spot rates head south as demand softens

donavan626

Jul 21, 20222 min read

Aussie/NZ ocean spot rates head south as demand softens

Long-term freight rates to Australia and New Zealand have reached “new highs”, but spot rates are down

Global boxport congestion sets fresh record highs

donavan626

Jul 18, 20222 min read

Global boxport congestion sets fresh record highs

Boxport congestion is setting new record highs, quashing talk of any imminent return to supply chain normalisation.

Long Beach container backlog crosses red line as delays mount

donavan626

Jul 12, 20223 min read

Long Beach container backlog crosses red line as delays mount

Long-dwelling containers in the Port of Long Beach now up 9% vs. Oct. 28

Post-Covid container demand boom coming to an end

donavan626

Jul 12, 20221 min read

Post-Covid container demand boom coming to an end

The post-Covid demand surge for container shipping appears to have run its course

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