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Tag: shipping
Vietnam Shipping Industry
The volume of container cargo through Vietnam's seaports increased by 7 percent last year. With higher freight rates and supply chain issues, investment is required to develop the shipping fleet and ports. Vietnam has a long coastline which borders the ...Read More
Tags: cargo, containers, freight, shipping
Freight rate increases
A major shipping company has raised its 2022 financial forecast, thanks to soaring container rates caused by more pandemic-related disruption at ports in China. The company, which moves approximately 17% of the world’s shipping containers, expects to it deliver a ...Read More
Tags: containers, freight, shipping
Launch of intermodal freight services in Poland
A freight transport company in Poland has launched intermodal freight services from Kaunas Intermodal Terminal (KIT) to terminals in Poland. Trial trips to Gdansk and Małaszewicze have already been carried out. If there is customer demand, opportunities will be explored ...Read More
Lockdowns disrupt China freight
FREIGHT all over China is again being affected by a surge in COVID-19 cases and subsequent lockdown measures. Shipping companies are reporting limited haulage availability, and port operations are also affected. Freight operations had also been disrupted in March as ...Read More
Thailand Exports may grow 5%
Thai exports are expected to rise by 5% in 2022, compared with a previous forecast of 5% to 8% growth. Uncertainty over the Russia-Ukraine war has reduced the forecast, the Thai National Shippers' Council (TNSC) reported. According to the forecast, ...Read More
Korean antitrust body investigates shipping lines
The Fair Trade Commission in Korea (KFTC) is investigating 20 shipping operators for colluding on freight charges for services from South Korea to China and Japan. Two months previously, KFTC had imposed an $81m collective fine on the operators for ...Read More
Container freight rates and inflation
The International Monetary Fund (IMF) has used container freight rates to work out how today’s high shipping costs are affecting global inflation. The latest blog post on the IMF site entitled 'How Soaring Shipping Costs Raise Prices Around the World', ...Read More
Tags: container, containers, freight, shipping
Shipping lines and freight forwarders join action against Russia
Shipping lines taking part in the economy siege which the international community is tightening around Russia. The 10 biggest shipping lines are responsible for carrying nearly 80% of world trade. Most of them. have stopped accepting Russian cargo reserves. European ...Read More
Tags: freight, freight forwarders, shipping
Shipping Costs to increase due to conflict
Russia and Ukraine are both major exporters of grain and coal. Importers in China are likely to source supplies from more distant countries such as the US and Australia. Because of the longer distance travelled freight transport costs will probably ...Read More
Container supply chain crisis
A combination of port congestion, container shortages and wider supply chain disruption has caused supply and demand for containers to be unbalanced. This disruption has three elements – onward intermodal connections for freight; the container terminal itself; and then the ...Read More
Tags: containers, freight, shipping
African gang threatened freight company workers
Four members of an African gang have been sentenced to three years imprisonment, for breaking into a freight company and threatening its workers. They also stole cash. The crime happened in October 2021, when one of the accused went into ...Read More
Irish port has record increase in freight units
Rosslare Europort was Ireland’s number one port in 2021 for direct freight roll-on, roll-off (RoRo) and Pax services to mainland Europe. It was the busiest year yet for the Wexford port, with a total of 181,891 RoRo freight units passing ...Read More
Tags: freight, Freight Shipping, shipping
Shipping profits expected to increase
It is predicted that container shipping will increase profit this year in the USA. Yearly contract freight rates in 2021 will be going up by more than 60% on the major routes, compared with 2021 contract rates. This means there ...Read More
Shipping companies fined collusion on freight rates
South Korea's antitrust regulator said that it has decided to impose a combined fine of $80.7 million in fines on 23 Korean and foreign shipping companies for collusion to fix freight rates. The Fair Trade Commission has been looking into ...Read More
South Shields direct container ship from China
The first ever container shipment of imports coming directly from China into the UK has docked and been unloaded in Port of Tyne. The ship was used by a number of leading retailers, to ensure a wide range of consumer ...Read More
BIFA asks for investigation of container shipping marke
The British International Freight Association (BIFA) has written to the UK government, asking for an investigation into competition within the deep-sea container shipping market. The main trade association for freight forwarding and logistics in the UK says members are concerned ...Read More
UK air cargo
In 2021 sea shipping disruption caused many companies to utilise air freight as a quick and reliable way to transport goods. Air freight prices rose to two-and-a-half-times higher than pre-pandemic levels. Brexit and decarbonisation continued to remain challenges for air ...Read More
Tags: air freight, Brexit, Covid-19, freight, shipping
Potato freight on 747s
A freight forwarding company in the USA is swinging into action by using three Boeing 747s to export potatoes into Japan because of a critical shortage of french fries in Japanese McDonald’s outlets. There has been a delay in importing ...Read More
Tags: freight, freight forwarding, imports, shipping
Shipping companies try to ease freight delays
Businesses in the USA affected by high logistics costs and freight bottlenecks are etaking on new strategies to ease supply chain pain in the new year. Some are extending their use of temporary measures, such as storing goods in idle ...Read More
Freight trains on ancient Silk Road
With sea shipping is still unpredictable due to the global COVID-19 situation, many foreign buyers have shifted their orders to rail freight. Launched in November 2013, freight trains have become a vital transport link between Europe and the city of ...Read More
Abandoned Shipping Containers
When shipping containers are abandoned because of delays in the supply chain, the contents can deteriorate and lose value. When that happens, customers sometimes refuse to accept the goods. Shipping lines can then contact a salvage company to recover as ...Read More
Tags: containers, freight, shipping
Import demand for NZ wine
New Zealand wine saw exports rose by 9% to NZ$599m (£315m) in the first quarter of the new export year, up to the end of September 2021, according to the latest data from New Zealand Winegrowers (NZW). With higher prices ...Read More
Increased container freight rates for container ships drive up Japan food prices
As freight rates for container ships continue to rise, food prices keep increasing. The president of the Japanese Shipowners’ Association, expressed his view that it will take considerable time for such a situation to be normalized. “Without a resolution of ...Read More
Tags: containers, freight, shipping
Port congestion hampers shipping
As well as an international shortage of containers, there is congestion at major international ports. Some sea terminals in China have been closed due to strict measures to control the COVID-19 pandemic. Now that the international economy is starting to ...Read More
Shipping crises may afffect gift prices
There are concerns that the global shipping crisis may mean that consumers may pay higher prices for Christmas gifts. The cost of importing products from China has risen to record levels. “If you were paying $2,000 to move a container ...Read More
Sea freight container ship shortages
Global sea freight has been severely disrupted by the Covid crisis. It is now recovering and prompting an increase in new container ship orders as the industry struggles with a shortage of vessels. Shipping companies, which are charging much higher ...Read More
Tags: containers, freight, shipping
Three-fold increase in Ocean freight rates
Ocean freight rates between India and the rest of the world have risen at least 3.5-fold (250%) over the past six months. Local export industries say that shipments are either being delayed or held back. The industry has written to ...Read More
Tags: Covid-19, exports, India, Seafreight, shipping
Pak-China cross-border logistics flourishing
Import and export trades between Pakistan and China have increased explosively, against the global trend under the influence of the pandemic. According to the General Administration of Customs in China, trade between Pakistan and China was 1.6 times larger than ...Read More
Air cargo gains from rising prices in ocean shipping
Increased ocean freight rates, which are being caused by service disruption,are helping to encourage freightforwarders and shippers to use airfreight. The airline association IATA said that air cargo is benefitting from “exceptionally congested” container shipping supply chains. Cost-competitiveness of air ...Read More
Tags: air freight, freight, shipping
Global shipping congestion
The international transport industry fears that shipping capacity has almost reached its limit on the global stage. Shippers and importers are continuing to brave exorbitant rates and ever-increasing shortage of capacity. The unprecedented Suez Canal blockage has made the Asia-Europe ...Read More
High shipping rates to last until Q3
Global bottlenecks for shipping which are resulting in higher freight rates are expected to remain high until the third quarter of the year, disadvantaging trading economies. In its weekly economic preview, a market intelligence firm said the continued strong recovery ...Read More
Increased shipping costs affect consumer prices
The increasing price of shipping goods across the world may affect your household expenses from a cup of coffee each morning to children's toys. Shipping a 12m steel container of cargo by sea from Shanghai to Rotterdam now costs a ...Read More
Suez Canal blockage – future for shipping
The recent blockage of the Suez Canal demonstrates the necessity of developing the Northern Sea Route as an alternative means of shipping goods between Asia and Europe, said the president of the Arctic Economic Council. The 'Ever Given'container vessel ran ...Read More
Are we facing a shortage of wine imports?
Imports of champagne into New Zealand continue to be hampered by Covid-19; winemakers warn the situation could soon get worse for vino drinkers. The champagne shortage was first reported in January, when supply was affected by shipping delays and port ...Read More
Freight Containers fall into Sri Lankan waters
Several freight containers onboard a distressed shipping vessel have fallen to the Sri Lankan waters, the Marine Environment Protection Authority said. “According to the information that we received around 6:30 AM today (May 25), there are EIGHT (08) freight containers ...Read More
Tags: containers, freight, shipping
Greek government investing in rail freight expansion
The GREEK deputy minister of infrastructure and transport has outlined plans to invest in Greece's rail network, with a major focus on supporting growth in rail freight from ports. The plans include reinstating rail connections to Greece’s major ports at ...Read More
Tags: freight, rail freight, shipping
Increased International supply chain and shipping delays
Temporary shipping delays caused by the Covid-19 pandemic which lead to shortages of products for New Zealand industries - may continue until the end of the year, experts say. Supply chain problems are affecting pet food supplies, the vehicle repair ...Read More
Long-haul carrier to ship aid free into India
Dubai's main long-haul carrier will begin shipping aid from the WHO and other groups into India free of charge to help fight a crushing outbreak of the coronavirus. The carrier has some 95 flights weekly to nine cities in India, ...Read More
Tags: air freight, exports, freight, shipping
New China to Liverpool freight sailings
A shipping company which launched a temporary freight service between China and the Port of Liverpool will offer more Far East sailings because of “overwhelming demand”. The company began moving freight on vessels from Shanghai and Ningbo to Liverpool to ...Read More
Shipping industry delays after Suez canal blockage
Delays caused by last month’s blockage are forcing shipping carriers to omit port calls and prioritise returning empty containers to Asia. This is disrupting freight business in both Europe and Asia, according to industry insiders. More than three weeks after ...Read More
Tags: containers, freight, shipping
USA fruit exports challenged by shipping difficulties
During the 2018-19 season, almost 28% of Washington state apples were shipped to 60 different countries. Industry officials expect exports for the 2020-21 crop to be below that figure and possiblye to drop to levels not seen in nearly two ...Read More
Container Shipping shortage for USA
U.S. demand for imports of products made in China, including personal protective equipment for COVID-19, furniture and toys, increased considerably at the end of 2020. This means that ocean carriers prioritize getting shipping containers back to China as quickly as ...Read More
Tags: China, containers, Covid-19, shipping
US plastic waste exports break new UN rules
Recent customs data obtained reveals that US exporters, global shipping lines, and the US government are all violating the new 2021 global rules established by the Basel Convention, designed to prevent indiscriminate dumping and pollution arising from plastic waste trade ...Read More
Freight costs from India increase over 100%
Freight shipping costs have been increasing dramatically over the last few months, causing exporters to lose business from several countries. Freight costs to both Europe and the US have increased by 100 per cent, and to places such as American ...Read More
Premium for container loading
Because of severe shortages in the Asian container markets, carriers are only assuring availability when shippers pay a premium over the usual freight rate. This can range from 50% to 70%, and are added to the increase in container spot ...Read More
Tags: containers, freight, shipping
Shipping trailers unaccompanied to Europe
Increasing numbers of haulage companies are shipping goods on unaccompanied trailers. Ports on the western Channel in France, the UK and Ireland are set-up to receive these loads. There are other financial benefits in shipping driverless. All ferry companies have ...Read More
Container freight at high levels
It appears that demand for container freight will remain at very high levels throughout the Chinese Lunar New Year, celebrated on and around 12 February. Freight rates from North Asia to the UK will remain at all-time highs as volume ...Read More
Belgian Beer Exports to UK
Some suppliers of Belgian beers are having difficulty exporting their brews to thirsty British drinkers across the Channel. A wholesaler stocking some of the country’s most famous Trappist beers, exported its last consignment to the U.K. on 29 December two ...Read More
Tags: exports, freight forwarders, shipping
Scottish seafood exports to EU delayed
Exports of seafood from smaller companies in Scotland are to be halted for a further five days by the international transport company which handles most of the trade. The major international shipping company stopped groupage exports last week, after delays ...Read More
Gothenburg Terminal sees fastest growth in Sweden
Figures from the Swedish Ports Association show that the largest ports in Sweden attract significant growth, while smaller ports experience declining volumes. Quarter III of 2020 was challenging for Swedish shipping and many Swedish ports lost volume. Cargo flows increasingly ...Read More
Container shortage persists
A severe shortage of shipping containers in some countries and an oversupply in others has created bottlenecks all over the world. Pakistan has been hit particularly hard. “There is a material shortage of containers, and it will take us till ...Read More
Tags: containers, freight, Freight Shipping, shipping
Shortage of shipping containers at Shanghai
Exporters in China are struggling to meet delivery targets because of a shortage of containers at Shanghai. Shipping executives have spent their time since September frantically calling ocean liners and agents to book containers for his customers. Exporters are under ...Read More
FIATA Guidelines to Freight Forwarders
The International Federation of Freight Forwarders Associations, represening more than 100 national associations and 5,500 freight forwarding and logistics companies, has published new guidelines for dealing with abandoned goods. It is intended to help freight forwarders to deal with the ...Read More
Tags: freight, freight forwarders, shipping
Freight Ferry terminal moves to new Stockholm Norvik Port in Sweden
One of the major ferry companies in the Nordic area has moved its Nynäshamn ferry terminal to the newly constructed Stockholm Norvik Port. The terminal will help the shipping line's expansion plans in the Baltic Sea, which include two new ...Read More
Thai Exports may drop only 7%
Thailand's exports may drop by 7% this year which is an improvement on the 8-10% drop projected earlier. The Thai shipping association said there has been a gradual recovery in global demand. "After a positive surprise in September's shipments, we ...Read More
Shipping Line increases Baltic freight capacity
In 2021, a shipping company will replace its ships on the Travemünde-Liepaja link with two larger vessels, which will add further 40% freight capacity to the route. This will also shorten the crossing time and offer a fixed timetable with ...Read More
Australia calls for container detention exemption
Freight and trade groups in Australia are asking for container detention charges to be curtailed because of the Sydney container logistics chain’s continuing congestion spasm. It is accepted that the root cause is the back-up of empty freight containers due ...Read More
Tags: container, containers, freight, shipping
UK Government to spend £77.6m to increase post-Brexit freight capacity
The UK government has signed contracts with four freight ferry operators to provide short-sea shipping capacity for about 3,000 HGVs per week. The companies have collectively signed contracts worth £77.6 million to increase ro-ro capacity, using eight UK ports; Felixstowe; ...Read More
Tags: freight, Freight Shipping, shipping
Freight-rate increases prompt demand for shipping regulator
Trade bodies in India have urged the government to set up a regulator, to deal with rising sea freight charges, and the problem of container shortages which exporters have. The Engineering Export Promotion Council of India has claimed that shipping ...Read More
Tags: China, freight, Freight Shipping, imports, Seafreight, shipping
Air cargo facing huge post-Golden Week demand: forwarders
All air freight cargo capacity from Asia will probably be absorbed by the autumn release of new mobile phone and playstation models. More than half the available airfreight capacity was removed by the cancellation of passenger flights in the spring. ...Read More
Tags: air freight, China, freight, rail freight, shipping
Port industrial action has consequences
Industrial action at four Australian ports is causing disruption to Australia’s international supply chains. Businesses in Australia rely on two modes of transport: Sea Freight and Air Freight. Air Freight has been reduced due to closing of borders, so there ...Read More
Asia shipping industry helped by on-line shopping
There has been an online home-shopping boom in the USA, which has caused transpacific sea freight rates to increase to the highest on record. This is helping the container shipping industry in Asia, which suffered a downturn when world trade ...Read More
Tags: freight, Seafreight, shipping
Freight capacity increased on Belfast-Liverpool-Heysham routes
Short sea freight volumes dropped noticeably during the Covid-19 peak, so shipping lines were forced to remove freight ships from some services. During the summer months, shipping lines have seen an increase in freight demand and one company is chartering ...Read More
Latvian Railways plans changes as freight revenue falls
The national rail company Latvijas Dzelzcels (Latvian Railways) has presented a three-year business plan, to keep the company operational despite rapidly dropping rail freight volumes. The company plans to join logistics segments like freight forwarding by sea and road to ...Read More
Tags: freight, logistics, rail freight, shipping
USA Importers short of capacity
USA importers are having to book earlier with shipping lines and are finding it difficult to get space on ships. US imports via seafreight from Asia in June were 9.5% higher than in May, led by traffic from China, which ...Read More
Tags: China, freight, Seafreight, shipping
New Irish Sea shipping route
A shipping company has announced a new freight service out of the Port of Liverpool to meet growing demand. the new tri-weekly Liverpool to Dublin service is being launched due to an increase of container traffic across the Irish Sea. ...Read More
Tags: container, freight, Freight Shipping, logistics, shipping
The Impact of COVID-19 on South Africa’s Maritime Economy
COVID-19 first broke out in the port city of Wuhan, China, in December 2019. The economic impact of the global lockdown is considerable, with the global freight and shipping industry being among the biggest casualties. Global shipping markets have declined; ...Read More
Tags: China, containers, Covid-19, freight, shipping
Freight Forwarding sector welcomes Govt support for key shipping routes
The government has signed agreements with six operators to provide up to £35 million, helping to ensure there is enough short-sea shipping capacity to prevent disruption freight flows. Robert Keen, Director General of the British International Freight Association comments: “The ...Read More
Tags: freight, freight forwarders, shipping
China to Turkey rail freight service
A major shipping line is opening a China-to-Turkey rail freight service, with automotive and technology a particular target for the operators. Air freight prices from China to Europe are continuing to rise and transporting goods by railfreight is becoming more ...Read More
Tags: China, freight, rail freight, shipping
Shipping Industry Covid-19 aftermath
The 'Big 3' shipping alliances — 2M, Ocean Alliance, and The Alliance — are cutting back operations to prevent freight rates from falling because of a steep decline in cargo volumes. There were 212 temporary cancellations of container ships from ...Read More
Tags: cargo, container, Covid-19, freight, Seafreight, shipping
Shipping Line to furlough 600 employees
A shipping line which covers 20 European routes is to furlough 600 employees with 150 redundancies across the UK and the Republic of Ireland. Since the crisis the Line has experienced a large decline in travel bookings and freight volumes ...Read More
R W Freight Services is ready
Exports and Imports are being affected by many factors beyond our control, but shippers can be assured that R W Freight have fully prepared for the factors which we can control. All our staff are fully equipped to work from ...Read More
Protests in Canada affect freight
Protests over proposed pipeline in British Columbia are causing major disruption to the rail network in Canada. A major Canadian rail company, has announced it will shut down all trans-continental rail services as a result of blockages caused by protests ...Read More
Tags: Canada, freight, rail freight, shipping
China will waive import tariffs for medical imports
China has announced that it will waive tariffs on imports of selected US medical equipment from March 2, as China strives to contain coronavirus. The new COVID-19 strain in China, has claimed the lives of over 1,800 people. Products qualifying ...Read More
Shipping from China affected by coronavirus
Most cities in China have begun normal working again, but some shipping line offices will remain closed or be providing a limited service. Exporters factories are not necessarily working at 100%; some cities in China have closed their borders for ...Read More
Tags: air freight, China, exporters, exports, shipping
New Freight Service Sweden – Denmark
A new crossing between Halmstad in Sweden and Grenaa in Denmark will offer considerable freight capacity as well as passenger facilities. The Transport minister of Denmark attended the opening ceremony in Grenaa; the objective is Stena Line’s to double both ...Read More
Banana imports
There has been an increase in contract prices for all in the banana market, large and small. All shipping companies have raised their prices to amortize the costs related to the new regulatory constraints on the sulfur content of marine ...Read More
UΚ Freight Tonnage Stable
Freight tonnages through UK ports were stable overall in 2018, the Department for Transport’s (DfT) Annual UK Port Freight Statistics show. There was only a 0.1% difference on the previous year at 483.3m tonnes, said the British Ports Association (BPA). ...Read More
Tags: cargo, containers, freight, shipping
Volvo launches China exports
Volvo Cars has begun exports of the XC60 midsize crossover assembled in the south China city of Chengdu to Europe. The company has plans to use China as a production hub for global export markets. The first consignment of XC60s ...Read More
Kesar mangoes from Valsad shipped by
For the first time Kesar mangoes from the Valsad area of India have been shipped by sea to the UK. The mango exports always previously travelled by air, but air freight costs have become so expensive that it was decided ...Read More
Potential Strike in Norway
Unions in Norway have warned that up to 25 000 private sector workers may go out on strike as from Monday April 1st if last-ditch mediation on this year’s labour and wages negotiations with the unions fail. If this goes ...Read More
New Container Feeder Services to Southampton
A container shipping group based in China will introduce a new weekly call at Southampton port, as part of a rotation on one of its Europe Feeder & Trans-Atlantic routes, which includes St Petersburg, Russia; Kotka, Finland; Southampton, UK; and ...Read More
Cyprus Economy rise connected to international freight
The CEO of an international logistics company has said that 'the future growth of Cyprus will be highly interconnected and dependent on international maritime and air freight transport.' He says that major shipping companies are interested in Cyprus as the ...Read More
Tags: air freight, freight, logistics, Seafreight, shipping
Rhine River Freight Shipping Returns
Freight shipping on the river Rhine in Germany has returned to normal levels, after heavy rain raised water levels. Levels on the Rhine had been low for approximately six months, after a hot dry summer and a dry autumn. Freight ...Read More
Tags: freight, Freight Shipping, shipping
Containers can help environment
Ocean freight can cause environmental pollution, because millions of shipping containers coming from Asia litter North-American and European harbours. There is not enough export freight to ship them back to their country of origin. 300 million containers have been put ...Read More
Tags: containers, freight, shipping
New Shipping routes for Manila
A Special Adviser to the President of Manila urged seafarers to explore new routes in order to open more opportunities for the country’s shipping industry. “I encourage all of you to study the possibility of opening new routes for our ...Read More
Ports ready for increased freight
Fearing that the usual sea links with Europe will be disrupted following Brexit, shipping companies are researching alternative routes into the UK. Ports in the North of England say they are well-equipped to handle extra freight volumes. A shift from ...Read More
Stena Line adds extra freight capacity
In response to growing market demand, the shipping company Stena Line is planning to increase its freight capacity on the Belfast – Liverpool route. Stena Line’s CEO said: “Demand for freight capacity from Belfast continues to increase and we believe ...Read More
Agriculture, shipping and energy will gain most from the US-China trade agreement
The truce in the US-China trade war should benefit the agriculture and energy sectors, because of China’s commitment to increase related imports from the USA. Shipping companies and port operators will probablym also profit from stronger freight demand and trade ...Read More
IHMA welcomes shipping counterfeit measures
A new initiative, aimed at tackling the problem of counterfeiting in the shipping sector, has been welcomed by the International Hologram Manufacturers Association (IHMA.) The industry trade body says the new Know Your Customer (KYC) Best Practices* is a significant ...Read More
Tags: Freight Shipping, shipping
Record India soybean imports
Traders overseas have signed deals to export up to 100,000 tonnes of soybeans to India since December, shipping mainly from the African countries of Ethiopia and Benin, with which India has concessional import duty agreements. India's soybean imports have hit ...Read More
Freight train service to link Yanbian, China with Europe
A new China-Europe freight train route is to open, which will link up northeast China's Korean Autonomous Prefecture of Yanbian with Europe this year, the prefectural government said last week. The freight train will begin from Changchun, capital of Jilin ...Read More
Tags: air freight, China, freight, shipping
Gothenburg container port endangered by industrial dispute
The CEO explained: “We had hoped for a recovery towards the end of the year in the absence of any industrial action since last summer. But this was not the case. The message from the freight owners is loud and ...Read More
Tags: containers, freight, shipping, Sweden, trailer
Soaring Freight Costs Will squeeze profits
It’s getting more expensive to ship commodities around the world, threatening to squeeze profits for global traders and raise food prices. The Baltic Dry Index, which published current shipping rates, surged 73 percent in 2017 to a four-year high because ...Read More
Shipping Company Improves Container Freight Services
A major Shipping Company has announced enhancements to its container freight services; they have added a new line connecting the Far East with the Red Sea, revised its Australia Express Service. Transit times to the North West Continent ports of ...Read More
Norway Clears Shipping Lines Acquisition
The Norwegian Competition Authority has approved the proposed acquisition of the Norwegian freight shipping firm, Nor Lines, by the Dutch logistics company, Samskip. The competition commission decided that the acquisition of activities associated with Nor Lines AS would not result ...Read More
Tags: Freight Shipping, logistics, Norway, shipping
Baltic Exchange exploring new freight indexes
The Baltic Exchange is researching the possibility of freight indexes for grains and liquefied natural gas. The London-run business is targeting new markets after its acquisition by Singapore Exchange last year, the Baltic's chief executive said. Founded in 1744 as ...Read More
Swiss Boom in Clothing Exports deceptive
A large increase in Swiss exports of clothing and shoes isn’t quite what it appears; export shipments of textiles and footwear rose 10 percent in 2016, second only to pharmaceuticals and chemicals. But that really reflects dissatisfied shoppers sending back ...Read More
Tunisia Seeks to Increase Exports to Russia
Tunisia is hoping to increase its exports to Russia. Many government and private institutions are seeking to boost the Tunisian presence in the promising Russian market. The capital Tunis hosted a workshop to study potential to export to Russia, the ...Read More
Freight forwarder expresses concern about shipping alliances’
A Miami-headquartered online freight forwarder has warned that the launch next week of new shipping alliances will result in a shortage of options for freight forwarders. The company’s co-founder raised concerns that the shipping companies’ reshuffle may reduce shipping options, ...Read More
Tags: container, freight, freight forwarders, shipping
Freight ship tries rotor sails
Shipping companies have been working on innovative solutions to shipping's carbon footprint. Operating cargo ships at lower speed can dramatically reduce emissions, and there have been trials of interesting add-ons like kite-powered ships—although. Now a major shipping company is installing ...Read More
Autumn Statement good news for Exports
In his autumn statement earlier in November, the Chancellor announced doubling support for export shippers as the government looks to make it easier for British companies to export. He has extended the export credit guarantee and increased the number of ...Read More
US may launch investigation into Chinese steel imports
The Department of Commerce is expected to launch a formal investigation into whether Chinese steel companies are shipping steel through Vietnam to avoid U.S. import tariffs. The decision to investigate, follows a complaint in September from U.S. steelmakers, and is ...Read More
Air Freight Posts Stronger September Growth
The International Air Transport Association (IATA) released data for global air freight markets in September 2016, which showed that demand, measured in freight tonne kilometers (FTKs), rose 6.1% year-on-year. This was the fastest pace of growth in freight since the ...Read More
Tags: air freight, freight, shipping
Container shipping lines see export growth
The Indian unit of global shipping company Orient Overseas Container Line, is also seeing an exports revival, helped by a “slight rebound” of demand in the U.S.A and Europe. Orders for exports of agricultural goods and cars was strong among ...Read More
Tags: containers, exports, shipping
India’s Exports Showing Signs of Recovery
Container shipping companies, which handle about 55 percent of India's merchandise trade, say exports volumes are picking up. The improvement they have witnessed is starting to show in official exports figures, which in September rose at the fastest pace in ...Read More
Danish exports may recover slightly in future
Danish exports have been weak and had dropped 3.7 percent in the first quarter of 2016 on a year-on-year basis. Very weak trade growth globally in 2015 was one of the reasons for weak exports in Denmark. The nation’s shipping ...Read More
UK freight strategy questioned
The Institution of Mechanical Engineers has called for the British government to urgently introduce a national multi-modal freight strategy with the aim of easing traffic congestion, improving air quality and boosting the economy. Too many imports enter the UK via ...Read More
First Freight Containers Transit Newly Expanded Panama Canal
The long-awaited expansion of the Panama Canal has officially opened. Despite the latest slump in shipping, those associated with the Canal’s development are maintaining a positive outlook. The deputy canal administrator, points out that trade is cyclical and that the ...Read More
Tasmania gains new China freight link
A new shipping service will connect Bell Bay with interstate ports and China. Five Great Southern Shipping container vessels will service Bell Bay as of August, with the service calling into Brisbane, Sydney, Melbourne and Fremantle, as well as the ...Read More
China Shipping co negotiates with Greek companies for Athens freight terminal
A Chinese shipping conglomerate is in advanced talks with a Greek real estate developer and logistics provider, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported. Greece has launched a tender for ...Read More
Shippers want transparency in air freight bookings
A Supply Chain executive for a chemicals company has complained that despite spending millions on air freight, he has no contact with the airline. Lars Droog called for more transparency in the booking process: “We select which shipping lines we ...Read More
Tags: air freight, freight, freight forwarders, shipping
`Brexit’ Debate helps Wheat Exports
U.K. wheat sales jumped to the highest in four years, due to a slumping pound as the country approaches a vote on whether to leave the European Union. British wheat exports climbed to almost 310,000 metric tons in January, the ...Read More
New shipping container weighing regulations
The World Shipping council and other industry bodies have issued a new Frequently Asked Questions document to help with the new container weighing regulations which take effect on 1 July 2016. The regulations require packed shipping containers to have a ...Read More
Tags: container, containers, shipping
Government asked to consider maritime for freight
The New Zealand Shipping Federation has released a document called Full Steam Ahead, encouraging politicians to appreciate the advantages of maritime transport. The Executive director Annabel Young said shipping tended to get left out of discussions when the government planned ...Read More
Freight operator to increase Irish Sea sailings
An Irish Sea freight operator is increasing the frequency of its sailings to and from the Port of Liverpool, due to the new Liverpool2 container terminal. The changes by the Freight company, in response to the creation of Liverpool2 and ...Read More
Freight Train Gridlock in Chicago
The State Railway of America, Amtrack, has just published the results of a year-long investigation into the chronic passenger and freight train gridlock in Chicago. Shipping delays on the freight line are so serious that customers often need to hold ...Read More
Russia Plans Cheese Imports From Iran
Iran is ready to start shipping cheese to Russia, a little over a year after Moscow imposed an embargo on dairy products from most European countries. Iranian dairy products to be supplied to Russia successfully passed an inspection by Russia's ...Read More
Shipping container freight rates jump
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped by 26 percent to $591 per 20-foot container (TEU) in the week ended on Friday 28 August, data from the Shanghai Shipping Exchange showed. The rise ...Read More
Tags: freight, Seafreight, shipping
Investment pours into freight despite shipping slump
Global trade and shipping figures continue to be disappointing, but investment into the freight sector continues, with logistics providers hoping that better routes to market will help buck the trend. In Asia, a major parcels company has initiated an extension ...Read More
India’s sugar exports may double
Sugar exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country’s surplus for a sixth year. Farmers will be shipping 2 million metric tons in the 12 months starting October 1, according to ...Read More
Shipping Freight Rates to Stay Low
Shipping freight rates, which have hit record lows this year, are set to remain weak for the rest of the decade or longer. There are too many ships and low fuel prices are capping operating costs, a recent report said. ...Read More
Tags: freight, Freight Shipping, Seafreight, shipping
USA February meat exports lower
While still affected by severe congestion in the West Coast ports, February exports of U.S. beef, pork and lamb bounced back to some degree from the totals posted in January, according to data released by USDA and compiled by the ...Read More
Tags: containers, exports, freight, shipping, USA
Rose imports bloom in Japan
Rose imports to Japan are starting to peak before the nation’s annual rites for graduation ceremonies and corporate personnel reshuffles. Workers at the flower importer Classic Japan Ltd. have been especially busy this week inspecting rose imports from Kenya at ...Read More
Fruit exports halved
Citrus and fruit growers in California complain that ongoing port congestion on the US West Coast, saying it was costing them US$3m a week during the peak export period. One company complained of shipping half of its usual 350 containers. ...Read More
Norway GDP Expanding as Exports Increase
Exports and domestic consumer demand prompted a greater than expected increase in the economy of Norway for the fourth quarter of 2014. The largest economy in Scandinavia expanded its GDP by 0.5 percent, according to Statistics Norway. This excludes oil, ...Read More
Biggest container ship – for now
Local shipping journalist at the port of Felixstowe said on Wednesday that the CSCL Globe will be the biggest ship in the world for only a short time. "In about eight or 10 weeks there will be a bigger ship ...Read More
Spectators watch container ship
Hundreds of spectators arrived along the Suffolk coast to watch the world's largest container ship dock at Felixstowe's deep-water berths eight and nine, which were opened in 2011, costing £300m. A shipping enthusiast watching the ship come in told BBC ...Read More
Tags: containers, shipping
Panama Canal extension using barge freight
The ongoing Panama Canal expansion project has reached an important milestone in its aim to meet the expected traffic growth and meet with the requirements of the international freight and shipping community. A heavy lift barge has delivered the first ...Read More
Suez Canal to Expand Freight Capacity
As part of Egypt’s $8.4 billion plan to increase the freight capacity of the Suez Canal, the country’s Government and the Suez Canal Authority has awarded over $2 billion worth of contracts to two consortia, to dredge the vital shipping ...Read More
Freight Companies aid West Africa
Freight and logistics companies are playing their part in shipping vital supplies to West Africa to help fight the Ebola outbreak. One company has airfreighted more than 70 tonnes of urgent supplies to Monrovia, Liberia to help combat the spread ...Read More
Mississipi Freight charges limit Exports
As U.S.A farmers begin the biggest corn and soybean harvests ever, the bins in Illinois remain almost empty because it simply costs too much to send Midwest crops by barge to New Orleans export terminals. Shipping fees along the Mississippi ...Read More
Abu Dabi Export and Import Growth
Abu Dhabi Ports Co (ADPC) expects a surge in shipping traffic towards the end of this year, as work on major infrastructure projects in the capital gathers pace, the company’s chief executive said. Container traffic at Khalifa Port is expected ...Read More
Tags: containers, exports, imports, shipping
Rotterdam/Immingham extra freight shipping capacity
Shipping company DFDS is introducing extra sailings on the Immingham to Rotterdam freight route, taking the total to eight freight sailings a week. Customers will be able to take advantage of two extra round trips a week, in addition to ...Read More
China considering high-speed freight trains
China is considering high-speed freight trains, to meet growing demand for faster shipping in the world's biggest e-commerce market. China Railway is setting its sights on two different types of freight trains – super fast trains with a speed of ...Read More
Shipping Lines face cost increase
As from 1st January 2015, the new EU sulphur directive will come into force, regulating the maximum allowed sulphur content of bunker fuel. The directive means that the sulphur content of the shipping line's bunker fuel must be reduced dramatically from the turn ...Read More
Logistics Group Freight Stacking in Containers
A major logistics company has launched an innovative ocean freight shipping service. The system enables double stacking of freight inside shipping containers, through the installation of specialised decks, which are designed to be suspended from the roof of the container. ...Read More
Tags: containers, freight, logistics, shipping
Shipping to cost more
The increased cost of shipping cause by the EU Sulphur Directive, is finally making the headlines. Letters and articles are appearing in national newspapers pointing out that in the absence of any derogation from this directive, which is due to ...Read More
Shipping Organisation calls for clarity on SECA’s
The European Community Shipowners' Association (ECSA) has issued an open letter requesting a harmonised and realistic approach to the EU Sulphur Directive. The Sulphur Directive comes into force on 1 January 2015; it requires that within Sulphur Emission Control Areas ...Read More
Tags: shipping
Emission Control – Shipping Companies need more time
Shipping companies said that they need more time to comply with the European Sulphur Directive, which requires that from January 2015, ships sailing in the Sulphur Emission Control Areas (SECAs) covering the Baltic Sea, North Sea and Channel must use ...Read More
Tags: freight, Seafreight, shipping
USA Freight Shipping Volumes under strike threat
A contract between the International Longshore and Warehouse Union (ILWU) and the employers representative group, the Pacific Maritime Association (PMA), expired on June 30. From 1 July, all freight passing through the ports responsible for around 35% of all US ...Read More
Singapore wins at Asian Freight and Supply ChainAwards
Singapore companies snapped up seven of the 39 awards presented at the 28th Asian Freight and Supply Chain Awards ceremony in Shanghai. Several hundred top transport, logistics and supply chain executives from around the region gathered at The Peninsula to ...Read More
Influx of freight trains due to widened canal
The number of freight trains passing through Florida could more than double after a widened Panama Canal opens. The wider canal and new shipping lane will allow massive new mega-ships to pass through in early 2016, increasing the volume of ...Read More
New freight opportunities for Limerick-Shannon
Stakeholders from Ireland’s freight, logistics and transport sector gathered in the Castletroy Park Hotel in Limerick on Wednesday 28 May, to discuss how the Limerick-Shannon region could become a strategic freight logistics hub with direct connections to some of the ...Read More
Tags: freight, logisitics, shipping
Shipping Industry ‘Invisible’
A cross-section of executives from shipping and associated professions and commentators who attended the sixth annual Grand Debate organised by WISTA-UK concluded that the commercial world is largely oblivious to the essential nature of shipping. WISTA UK is a leading ...Read More
Tags: shipping
Revolution in Shipping Containers?
Carbon fibre composites could transform the shipping container, by making it lighter and more easily scanned. The steel container currently used is cheaper to produce; it costs about $3000 as opposed to $8000 for the carbon fibre, but because the ...Read More
Tags: container, containers, shipping
US craft brewers export beer around the world
Small independent U.S. craft brewers are exporting all over the world, from Sweden to Japan. The tables in the global beer garden have turned: An industry which started in the U.S.A three decades ago by emulating styles brewed in other ...Read More
New Freight Service from Container Shipping Groups
A new fixed-day weekly service between the Red Sea and Asia will commence May 8, 2014. The new routing will be provided by three Shipping Lines in co-operation, and is in answer to the growing demand and customer requirements in ...Read More
East-West Freight Rates Remain Low after Chinese New Year
After three consecutive months of price rises, freight rates on the East-West trades declined in February, according to Drewry’s online Container Freight Rate Insight. Rates came under most pressure on the Asia-Europe shipping route, which weakened following a meteoric rise ...Read More
Tags: containers, freight, shipping
Shipping Line Fined Again
A South American shipping lines has had to reach another costly agreement with the Federal Maritime Commission (FMC) a week after paying a substantial fine for collusion on freight rates. The company was accused of violating the Shipping Act by ...Read More
Freight Lost as Shipping Containers Go Overboard
Last month's extreme weather conditions caused a major incident for freight in transit in the Bay of Biscay. A 8,160 TEU container vessel lost a significant number of boxes overboard, during very rough weather in the Bay of Biscay on ...Read More
Tags: containers, freight, shipping
Shipping Container washed ashore
A shipping container holding 14 tonnes of cigarettes was discovered washed up at Seaton on the East Devon coast on Sunday 23 February. The 40ft-long freight container was found at Seaton, on the Lyme Bay coast, and is believed to ...Read More
Tags: containers, freight forwarding, shipping
Shipping Industry Awaits Increased Freight capacity as Panama Canal work re-starts
Work resumed on the much awaited Panama Canal expansion at the end of last month. The recent stoppages were caused by a dispute over cost overruns. Major logistics groups have continued to expand operations in the region whilst for the ...Read More
Tags: container, containers, freight, shipping
Shipping Container Stuffed with drugs
Early in February, an estimated $180 million worth of crystal methamphetamine was discovered in a shipping container in Sydney. The drugs were found in kayaks which were being transported inside the shipping container from China. Customs officials x-rayed the 27 ...Read More
Tags: China, containers, shipping
Felixstowe to charge container hauliers
From next month the port of Felixastowe will make a mandatory charge to all hauliers wishing to collect and/or deliver shipping containers at the Port of Felixstowe. The £1.50 charge per booking is designed to reduce the effect of the ...Read More
Tags: containers, shipping
Foldable Shipping Container Tests
The shipping industry may be set to undergo a revolution if a new folding shipping container proves its worth. The containers were tested out at the end of last year between Hong Kong and Rotterdam, where they were unloaded from ...Read More
Tags: containers, freight, shipping
Increase in freight rates good news for shipping firms
The end of 2013 and the beginning of the New Year have encouraged shipping companies in India, with freight rates touching a three-year high, mostly on the back of increased demand for movement of oil and iron ore. Shipping companies ...Read More
Tags: freight, Seafreight, shipping
U.S.A Bill would fund freight projects via new shipping fee
A Bill has been introduced to the USA Senate proposing funding for freight project. The Act, if passed, would provide for competitive grants for projects designed to increase the efficiency and capacity of the national freight mobility network in America. ...Read More
Tags: freight, Seafreight, shipping
Freeze Hits Road and Air Freight Services in USA
In early January freight movement in some parts of America slowed to a standstill as the effect of the so called ‘Polar Vortex’ has been felt in areas unused to such extreme conditions. Thousands of flights were cancelled and roads ...Read More
Tags: freight, Seafreight, shipping
Tasmania wants Air freight subsidy
TASMANIA's biggest airport says that air freight should be subsidised by the Commonwealth. The Tasmanian Freight Equalisation Scheme covered sea freight but not air freight reduced freight market competition, Hobart Airport argued in a submission to the Productivity Commission's inquiry ...Read More
Tags: air freight, freight, Seafreight, shipping
Shenzhen luring container shipping from Hong Kong
Port authorities in Shenzhen are working aggressively to persuade foreign carriers to omit Hong Kong as a transit hub and do business directly with them. Shenzhen is well-placed to surpass Hong Kong as the world's third busiest container port this ...Read More
Tags: China, container, containers, shipping
Increased Freight Rates for container shipping lines
Container shipping lines hope for a better year as freight rates are increasing. They are expecting overcapacity to ease during the year. Surplus supply, which has been a major problem for shipping lines since 2008, should narrow to 1.5 per ...Read More
Tags: container, freight, Seafreight, shipping
New Container Shipping Service to Fiji
The first ever direct ocean Less than Container Load shipping service between northern Europe and Fiji has been announced.The new service, operating on weekly sailings from Rotterdam to Suva, will slash transit times from 55-60 days to just 36, while ...Read More
Tags: container, freight, Seafreight, shipping
Russia banning fish imports from Norway
Russian vets recently returned from a visit to Norway;they are unsatisfied with the food safety control and want to stop all import of fresh fish and fish products from Norway. Norway exports salmon to 120 different markets; only the Russian ...Read More
Tags: exports, freight forwarding, imports, International Freight, Norway, shipping
Freight Rate Increase for December
Freight rates from Asia to Europe suddenly jumped during the last week in December. This are expected to last longer than usual as carriers refuse cargo which has not been pre-booked. The latest figures from the Shanghai Containerised Freight Index ...Read More
New Freight route links UK with Spain
From 5 January, 2014, there will be a new weekly freight service between Poole and Gijón. The Poole-Gijón service will leave the Dorset port on Tuesdays with the return leg departing from Spain on Fridays. The same shipping line will ...Read More
Tags: shipping
New Adriatic Shipping Route
An Italian shipping line has increased its presence on ferry routes between Italy and Greece with the launch of a new round-trip service linking the ports of Ravenna, Igoumenitsa and Patras later this week in December. The new ’motorway of ...Read More
Tags: shipping
Shipping bosses face death sentence
The former chairman of Vietnam’s state-owned shipping conglomerate, Vinalines, Duong Chi Dung and former CEO, Mai Van Phuc, were yesterday sentenced to death for embezzlement. The government of Vietnam is stepping up its crackdown on corporate corruption. Dung went on ...Read More
Tags: shipping
More US cars Shipping to China
Exports of cars from the USA to Saudi Arabia and China are increasing revenue for shipping vessel operators. The U.S.A exported a record 1.8 million cars and light trucks last year. Exports rose another 8.9 percent in the first 10 ...Read More
Tags: exports, freight, imports, Seafreight, shipping
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