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Container cargo now takes an average of 123 days to make the journey from Asian exporter to European importer, and that is a new record, says American freight forwarder Flexport, who closely monitors the duration of container transports via its Ocean Timeliness Indicator (OTI).
Container cargo now takes an average of 123 days to make the journey from Asian exporter to European importer, and that is a new record, says American freight forwarder Flexport, who closely monitors the duration of container transports via its Ocean Timeliness Indicator (OTI).
The German government is introducing a series of measures to help households and companies with the sharply increased energy prices due to the war in Ukraine. For example, there will be a temporary reduction in excise duties on petrol and diesel.
The German government is introducing a series of measures to help households and companies with the sharply increased energy prices due to the war in Ukraine. For example, there will be a temporary reduction in excise duties on petrol and diesel.
Last year, logistics concern Deutsche Post DHL recorded more turnover and profit than ever. The growth was due to the increase in world trade. Also more parcels were sent as consumers bought more items via the internet due to the corona pandemic.
There is uncertainty over the markets reaction on the current geopolitical tensions. The uncertainty is especially in the Black sea. Although the European shortsea market has remained at an elevated level this uncertainty exists. Because of the average rates remained relatively flat in January, ship broker Toepfer is having concerns.
The rates for shipping containers are now almost 90% higher that 12 months ago. The costs for container shipping by sea increased by 3.9% in January. Prices will continue to rise for the time being due to persistent congestion, high demand and the war in Ukraine, according to sea freight data platform Xeneta.
The rates for shipping containers are now almost 90% higher that 12 months ago. The costs for container shipping by sea increased by 3.9% in January. Prices will continue to rise for the time being due to persistent congestion, high demand and the war in Ukraine, according to sea freight data platform Xeneta.
There is uncertainty over the markets reaction on the current geopolitical tensions. The uncertainty is especially in the Black sea. Although the European shortsea market has remained at an elevated level this uncertainty exists. Because of the average rates remained relatively flat in January, ship broker Toepfer is having concerns.
There is uncertainty over the markets reaction on the current geopolitical tensions. The uncertainty is especially in the Black sea. Although the European shortsea market has remained at an elevated level this uncertainty exists. Because of the average rates remained relatively flat in January, ship broker Toepfer is having concerns.
Is the current supply chain disrupted? If yes:
- what is the cause?
- what is the effect?
- and what are the indicators?
Dutch harbours are an important gateway to the world for Dutch-made goods. The seaports have great economic value. Besides the known economic value, they also make a major contribution to Dutch exports earnings. And this is a lot.
Dutch harbours are an important gateway to the world for Dutch-made goods. The seaports have great economic value. Besides the known economic value, they also make a major contribution to Dutch exports earnings. And this is a lot.
Is the current supply chain disrupted?
If yes:what is the cause?
What is the effect?
And what are the indicators?
Is the current supply chain disrupted? If yes:
- what is the cause?
- what is the effect?
- and what are the indicators?
Some people say it’s silver or golden times for the shipping companies, but actually it’s platinum times for the shipping companies. Turnover and margins have not been as high as just before the credit crisis in 2008/2009.
Some people say it’s silver or golden times for the shipping companies, but actually it’s platinum times for the shipping companies. Turnover and margins have not been as high as just before the credit crisis in 2008/2009.
There is still a lot of delay in several container ports in China. More than 130 ships are waiting to pick up or unload their cargo.
There is still a lot of delay in several container ports in China. More than 130 ships are waiting to pick up or unload their cargo.
The investment company Mitsubishi HC Capital (MHC) has bought international container leasing company CAI International. In 2014 this investment company already purchased Beacon Intermodal, which is also an international container lessor.
The investment company Mitsubishi HC Capital (MHC) has bought international container leasing company CAI International. In 2014 this investment company already purchased Beacon Intermodal, which is also an international container lessor.
Kuehne+Nagel enters into a binding agreement to acquire 100% of the shares in Salmosped AS.
Kuehne+Nagel enters into a binding agreement to acquire 100% of the shares in Salmosped AS.
Due to nitrogen restrictions the second tidal container dock of Antwerp will most likely not be built. The planned Antwerp’s second tidal container dock is drawn immediately adjacent, west, of the Deurganckdok. It has an annual capacity of 7.1 M TEU.
Due to nitrogen restrictions the second tidal container dock of Antwerp will most likely not be built. The planned Antwerp’s second tidal container dock is drawn immediately adjacent, west, of the Deurganckdok. It has an annual capacity of 7.1 M TEU.
The carrier Hapag-Lloyd will move at least one Asia service from Hamburg to JadeWeserPort in Wilhelmshaven. This was announced at the end of May.
The carrier Hapag-Lloyd will move at least one Asia service from Hamburg to JadeWeserPort in Wilhelmshaven. This was announced at the end of May.
The carrier Hapag-Lloyd will move at least one Asia service from Hamburg to JadeWeserPort in Wilhelmshaven. This was announced at the end of May.
The carrier Hapag-Lloyd will move at least one Asia service from Hamburg to JadeWeserPort in Wilhelmshaven. This was announced at the end of May.
On Tuesday 1 June, the ports Le Havre, Rouen and Paris, all Seine axis ports have merged into one entity. The merge is intended to strengthen the ports in light of the European competition. Plans for the merge have existed for a long time, but now the merge is a reality. The ports will continue under the new name ‘Haropa Port’.
On Tuesday 1 June, the ports Le Havre, Rouen and Paris, all Seine axis ports have merged into one entity. The merge is intended to strengthen the ports in light of the European competition. Plans for the merge have existed for a long time, but now the merge is a reality. The ports will continue under the new name ‘Haropa Port’.
In accordance with their sustainability roadmap, DHL Global Forwarding (DGF) announced that it will fund the purchase of sustainable aviation fuel (SAF) via United Airlines.
In accordance with their sustainability roadmap, DHL Global Forwarding (DGF) announced that it will fund the purchase of sustainable aviation fuel (SAF) via United Airlines.
Despite COVID-19, container traffic handled at Chinese seaports rose 1.5% in 2020 to 234.3M TEU. This was shown by the data released by China’s Ministry of Transport (MoT).
Despite COVID-19, container traffic handled at Chinese seaports rose 1.5% in 2020 to 234.3M TEU. This was shown by the data released by China’s Ministry of Transport (MoT).
The Asian carrier ONE told this morning that The Alliance would cancel three sailings on the FE2 and FE3 service departing Asia at the end of May and beginning of June. The reason for the cancellation was “due to the unfortunate schedule delays”.
The Asian carrier ONE told this morning that The Alliance would cancel three sailings on the FE2 and FE3 service departing Asia at the end of May and beginning of June. The reason for the cancellation was “due to the unfortunate schedule delays”.
The busiest box port in the United States, Los Angeles, is dealing with congestion. There is some talk about the implementation of 24 hour operations.
The busiest box port in the United States, Los Angeles, is dealing with congestion. There is some talk about the implementation of 24 hour operations.
The global container shipping market is predicted to reach US$10.93 billion in upcoming years. Factors that drive market growth are growing population, accelerating economic growth, rising demand for shipping containers, increasing steel production and rapid urbanization.
The global container shipping market is predicted to reach US$10.93 billion in upcoming years. Factors that drive market growth are growing population, accelerating economic growth, rising demand for shipping containers, increasing steel production and rapid urbanization.
According to the new Shortsea Index of German shipbroker Toepfer Transport the rates for shortsea vessels in the European shortsea market have increased exponentially in the past six months. According to the index the rates have increased by more than 30%.
According to the new Shortsea Index of German shipbroker Toepfer Transport the rates for shortsea vessels in the European shortsea market have increased exponentially in the past six months. According to the index the rates have increased by more than 30%.
It continues to rain record profits in logistics for the first quarter of the early financial year 2021. The Danish container giant Maersk saw its bottom line result increase by a factor of 13 to 2.7 billion dollars, almost the same as the total annual profit of 2020. DP too -DHL (fourfold increase) and XPO (fivefold increase) join the top earners in logistics this week due to the corona crisis.
It continues to rain record profits in logistics for the first quarter of the early financial year 2021. The Danish container giant Maersk saw its bottom line result increase by a factor of 13 to 2.7 billion dollars, almost the same as the total annual profit of 2020. DP too -DHL (fourfold increase) and XPO (fivefold increase) join the top earners in logistics this week due to the corona crisis.
After two years that DSV purchased the Swiss Panalpina for about 4 billion euros, it now purchases the Kuwaiti Agility Global Integrated Logistics (GIL) from parent holding Agility Public Warehousing for 3.5 billion euros.
In the last couple of months, we saw a significant shortage of microchips. The deficit is causing production delays in all kinds of industries. We see, for instance, an impact on the production of laptops and mobile phones. But it also causes a delay in the production of cars. The demands are continuing and it will take some time to solve the problem.
In the last couple of months, we saw a significant shortage of microchips. The deficit is causing production delays in all kinds of industries. We see, for instance, an impact on the production of laptops and mobile phones. But it also causes a delay in the production of cars. The demands are continuing and it will take some time to solve the problem.
Wan Hai Lines has placed an order of 50,000 TEU of dry freight containers from China International Marine Containers Ltd (CIMC).
The deal has an estimate of $ 141.73M U.S. dollars. The order will mainly consist of 40ft High Cubes. It is not the first time that Wan Hai Lines and CIMC close an enormous deal. In 2020 Wan Hai Lines ordered 37,000 TEU from the same company worth US$109M
Wan Hai Lines has placed an order of 50,000 TEU of dry freight containers from China International Marine Containers Ltd (CIMC).
The deal has an estimate of $ 141.73M U.S. dollars. The order will mainly consist of 40ft High Cubes. It is not the first time that Wan Hai Lines and CIMC close an enormous deal. In 2020 Wan Hai Lines ordered 37,000 TEU from the same company worth US$109M
Due to the high demand for the Covid-19 vaccine, there will be considerable demand for Reefer containers. Currently, most of the distribution is being done via air mode. There is going to be a demand for marine Reefer containers to transport the vaccine. An estimate of 60,000 Reefer containers will be required to distribute vaccines over the period of 2 to 3 years.
Due to the high demand for the Covid-19 vaccine, there will be considerable demand for Reefer containers. Currently, most of the distribution is being done via air mode. There is going to be a demand for marine Reefer containers to transport the vaccine. An estimate of 60,000 Reefer containers will be required to distribute vaccines over the period of 2 to 3 years.
UK Club, an insurer of the ‘Ever Given’ cargo ship, said on Friday it had filed an appeal over the vessel’s detention by the Suez Canal Authority (SCA). The owner and the Suez Canal Authority are caught in a legal dispute ever since the ship had to be dislodged from the Suez Canal. The SCA has claimed a $916 M compensation.
UK Club, an insurer of the ‘Ever Given’ cargo ship, said on Friday it had filed an appeal over the vessel’s detention by the Suez Canal Authority (SCA). The owner and the Suez Canal Authority are caught in a legal dispute ever since the ship had to be dislodged from the Suez Canal. The SCA has claimed a $916 M compensation.
In the past five years, we have seen the UK’s share of European container handling decline as the number of direct deep sea services calling in the UK has decreased. In addition, Brexit has negatively impacted intra-European trade flows.
In the past five years, we have seen the UK’s share of European container handling decline as the number of direct deep sea services calling in the UK has decreased. In addition, Brexit has negatively impacted intra-European trade flows.
Before each major holiday, the shipping industry struggles to adjust to the increase in demand of products. This occurs on a yearly basis, due to the fact that stores want to make sure their products are available to the eager customers who want to buy them.
In those periods of high demand we speak of “peak season”. Due to the demand, carries charge a special fee, called “the peak season surcharge”. This is only applied to import from Asia.
Before each major holiday, the shipping industry struggles to adjust to the increase in demand of products. This occurs on a yearly basis, due to the fact that stores want to make sure their products are available to the eager customers who want to buy them.
In those periods of high demand we speak of “peak season”. Due to the demand, carries charge a special fee, called “the peak season surcharge”. This is only applied to import from Asia.
The sporting goods brand Nike has suffered in the past quarter from the global shortage of shipping containers, which slowed down the transport of shoes and apparel to the US home market from foreign factories. That led to a shortage of supplies, which led to lower sales in North America.
The sporting goods brand Nike has suffered in the past quarter from the global shortage of shipping containers, which slowed down the transport of shoes and apparel to the US home market from foreign factories. That led to a shortage of supplies, which led to lower sales in North America.
Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.