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Partnership for Bangkok Port Terminal

PSA Thailand, a wholly-owned subsidiary of the global port operator PSA International, have announced a joint venture to develop and operate the Thai Prosperity container terminal in Bangkok, along with locally based logistics firm SCG. The two companies have formed...

Panama Canal Increases Draft Limit

After a period of very dry weather, the region around the Panama Canal has recently received enough rain to enable bigger vessels to travel through it.This year's lack of rainfall had resulted in many reductions in the draft size of vessels permitted through the...

2019 Asia North Europe Schedule Launched

The 2019 instalment of the UniOcean Lines Asia Europe Service Directory has just been released, which includes all major inbound and outbound loops and services operating in the trade, being the most comprehensive sailing schedule available on the market. The...

Global Container Growth Rebound

Global container movements increased in volume during 2018 by 4 percent to 146.4 million twenty foot equivalent containers (TEU), which was down on the 5.6% growth that was witnessed the previous year. A slowdown of the global economy, caused by escalating trade...

World’s Busiest Container Port

The port of Shanghai is still the world's largest container port, however, recent data reveals its lead over its closest rival Singapore tightened last year.The famous container port faces the East China Sea and was first opened in 1842. Shanghai port container...

Asia-Europe Transit Times Increase

From the end of March, considerable changes to carriers and alliance schedules on the Asia-North Europe route will be implemented, resulting in longer average transit times as vessel sailing speeds continue to be reduced further.The new schedules will mean that the...

New Europe-Australia Service

A new service connecting northern Europe, the Mediterranean, Australia and South-east Asia, is being collectively launched by Ocean Alliance member CMA CGM and the 2M’s MSC.Set to launch in September, the partnership will see the carriers upgrade their respective Nemo...

US/China Talking Before Duty Deadline

On March 2nd 2019, tariffs across $200 billion worth of goods from China to the US are set to rise from 10% to 25%, unless a deal can be reached between the countries. According to President Donald Trump, there is a possibility that the US will extend the March 2nd...

Blank Sailings Yet Extra Capacity Due

According to the loadstar, a number of blank sailings are being introduced by carriers over the next few weeks, as early indications suggest that post Chinese New Year volumes will be lower than originally expected.The 2M Alliance have announced that the Feb/Mar loops...

Hamburg Market Share Shift

The arrival of more 20,000 teu-plus megaships has seen a change of market share from Germany’s hub gateway container port of Hamburg to neighbours Rotterdam and Antwerp.A recent report is projecting a 5.1% downturn in container imports for Hamburg in the first quarter...

Import Highs for Transpacific Market

In the month of December, container imports to the US form Asia increased by 30% on the same month the previous year, with the rush to beat new import tariffs being the leading cause.Two west coast gateways - Los Angeles and Long Beach, saw a large surge of imports...

US Congestion Spreads To MidWest

US container congestion has now spread to the Midwest, with cargo owners facing delays and demurrage bills costing thousands as containers stockpile in both Memphis and Chicago.Large surges of imports into Los Angeles and Long Beach in December caused major congestion...

Alliances Chasing Consortium Extension

The steamship alliances have called for an extension on their block exemption agreement with the European Union this week, as they seek approval to continue their arrangements for another 5 years.The EU commission approved the current exemption in 2014, which allows...

Trump Monitoring Carrier Alliances

A bill was passed this week in the US, which provides the Federal Maritime Commission (FMC) with more power to regulate ocean carrier alliances. The revised Shipping Act was approved by President Trump this week and provides protection to container terminal operators,...

Hats Off to the Panama Canal

  The Panama Canal has been winning back its market share of round the world trips since its major upgrade two years ago. The strategic canal opened enlarged locks in 2016 to increase the capacity size of ships that could navigate the waterway. The lock upgrade...

More US China Tariffs Expected

Accordingly to Bloomberg and a report by economists Citigroup, the next round of duty tariffs to be applied by President Trump are likely to be the costliest yet for US consumers. The report suggests that the US are preparing to announce further tariff increases as...

AE2 Service Returns Despite Demand

The 2M Alliance, led by Maersk and MSC, have reportedly confirmed plans to restore their jointly operated ‘AE-2/Swan’ Far East - Europe service, after previously suspending the service for three months. The loop traditionally operates between China and Korea in Asia...

Sulphur Regulation to Increase Costs

The International Maritime Organisation (IMO) are introducing new low sulphur regulations with effect from January 2020, which will effectively mean that shipping lines will have to reduce emissions by 85%. The regulation aims to reduce the environmental impact of...

China Reply To US New Tariffs

  This week America imposed new tariffs on $200 billion worth of imports from China, reigniting a trade war between the two nations, which has resulted in China announcing $60 billion worth of tariffs on US products today. The US tariffs confirmed on Monday were...

US & Asia Braced for Storms

A super typhoon is building in the Pacific and is forecast to impact the Philippines, Taiwan, Hong Kong and South China during the next few days. Typhoon Mangkhut, named after a fruit in Thailand, is forecast to hit the Philippines on Wednesday, with winds expected to...

Trans Pacific Peak Season Boom

After the early part of this year saw carriers trying to cope with overcapacity on the Trans Pacific trade, recent weeks have seen a complete turnaround as the peak season gets underway. The trade is now witnessing container spot rates rising as exporters struggle to...

Felixstowe Delays Cause Service Move

Felixstowe Port continues to suffer with significant operational delays since introducing their new IT operating system back in June. OOCL are the latest carrier to move business away from the port. They have just confirmed their NET service between Europe and Turkey...

Global Warming Creates New Route

  The impact of global warming, and subsequent melting of Arctic ice, could potentially lead to a new shipping route between Asia and Europe. The Northern Sea Route (NSR), which runs along the Russian Arctic Coast, is being utilised this week by a container ship...

New Industry Website Launches

  UniOcean group partners - CP Training Services - have just launched their new look training website, which provides an exciting range of supply chain training courses designed for managers and aspiring managers. CP Training Services have been the go-to supply...

Asia Rates Set to Rise?

Increases in container shipping rates, in the Transpacific and Asia-European trades, are expected to kick in during the next week or two, as peak season gets under way. The Transpacific trade is expected to see increases of between 8-12% after a number of carriers...

Trans-Pacific Update

2M alliance partners - MSC and Maersk - recently announced plans for a strategic cooperation with Israeli container line Zim, which means the three carriers will share capacity between Asia and the US East Coast from September. The parties will share five loops, which...

Felixstowe Delays – Maersk Move Services

Operating system delays, that have haunted Felixstowe Port over recent weeks, appear to be set to continue, as MAERSK Line have announced they are moving two 2M alliance loops to the Port of Liverpool for a three month period. The first two vessels diverted to...

Deep Sea Terminal for Haiphong

North Vietnam has recently opened its first deep-sea container terminal in the North, with some steamship lines expected to make calls with larger vessels by the end of this year. Haiphong International Container Terminal (HICT) has been built to serve the booming...

2M Cut Service on Trans-Pacific

  2M partners - Maersk and MSC - have announced they will be suspending their Eagle service indefinitely from next week, in addition to rationalising port rotations on three other services. The decision to cut the service - on the Trans-Pacific trade - is in...

Thai Terminal Increases Capacity

Laem Chabang's new terminal began operations last week when the MOL Grandeur became the first vessel to call. The $600m terminal is the third at Thailand’s major container port and the facility is expected to pave the way for a 40% capacity increase in the largest...

US/China Trade War Continues

This week saw another bout in the US/China trade spat, as President Trump ordered for $200 billion in Chinese imports to be identified for 10 percent additional duty - with another $200 billion after that if Beijing retaliates. Trump had previously promised to place...

Cargo Ship Loses Containers At Sea

  A container ship, travelling from Taiwan to Sydney, lost more than 80 containers overboard after being hit by heavy swells last week. The vessel was 30km off the New South Wales coast when the loss occurred and the debris, which included car parts, nappies and...

Hamburg Losing Ground On Rivals?

According to recent reports, the port of Hamburg is starting to fall behind neighbouring European container terminals, due to its inability to maximise capacity. Figures from the first quarter of this year show that the German port has made virtually no headway on...

US Retailers Rush China Orders

  United States retailers are currently rushing to import merchandise from China to avoid the prospects of billions of dollars of extra taxes being incurred on Chinese products. With proposed tariffs yet to be officially imposed by Trump's administration,...

US Trucking Crisis Continues

  A severe shortage of truck drivers in the United States is continuing to drive increases, with trucking costs reportedly rising between 8 and 15% last quarter. The US driver shortage has been a concern for years, but the strengthened economy, increased demand...

Global Shipping Make Climate Deal

  The global shipping industry made a historic decision recently, as they agreed to cut their emissions of greenhouse gases, after holding talks in London at the International Maritime Organization (IMO). The deal will reduce emissions by 50% by 2050 compared to...

Trump Spat Delaying COSCO Takeover?

  Recent suggestions have indicated that the current spat between Donald Trump and China may be having an affect on COSCO Shipping’s takeover of fellow steamship line – OOCL. The Chinese state-owned shipping line had moved closer to incorporating the...

Latest UniOcean Schedule Released

The latest instalment of the UniOcean Lines Asian Service Directory has just been released, which includes all inbound and outbound loops and services currently available in the trade. In total, the in-depth schedule offers all 19 Asian origin loops, that are...

The Ocean Carrier Merry-go-round

During the past few years, in the often manic world of container shipping, we have witnessed a major transformation of carrier alliances and steamship line businesses, which appear to be showing signs of a return to order during 2018. We’ve witnessed a major carrier...

Are Asia Rates about to Level?

Varying reports in the media this month are suggesting a levelling out of rates may occur during 2018 for ocean freight from Asia. We have summarised some of the observations being reported. The capacity outlook had previously revealed an industry facing an...

ONE Gearing For Launch

  ONE Line (Ocean Network Express) are gearing up for their official April launch with a recent order of new containers and a new website. The newly branded shipping line, being created by the merging of the three major Japanese carriers K-Line, NYK and MOL, have...

UniOcean Sponsor The Big Match

      UniOcean Lines have recently confirmed their joint sponsorship of the Fence Club’s bi-annual charity football match, which is being held in Hong Kong in January. The event pits a team of 11 Toy Importers against a Hong Kong Club Select XI and is...

Big Ship Orders for Prestige

      A recent report by Drewry suggests that the current desire to order and build large container ships is being driven by prestige rather than economic forecasts. The maritime research company highlighted that both MSC and CMA CGM have orders in...

China Show of Strength?

      Chinese shipping group COSCO have been making financial news recently with both overseas investment and new funding. COSCO Shipping Ports extend its international network of port interests, with the acquisition of a stake in a Valencia port...

Hijacked Ship Costs Ruling

      In a landmark decision last week, the US Supreme Court upheld an original ruling that 'General Average' should apply to costs incurred when ships are hijacked by pirates. The dispute relates to the vessel 'Longchamp', a petroleum gas carrier, that...

Storm Damage at Durban Port

      Extreme storms in South Africa last week have caused major damage to the port of Durban and its infrastructure, which have inevitably resulted in carriers adjusting schedules. According to the Transnet Ports Authority it is still too early to...

China Crackdown Affecting Waste

      Recent factory closures and stricter import controls on waste paper and plastics, driven by China’s Ministry of Environmental Protection (MEP), are believed to be having a detrimental impact on the waste product industry. China has recently been...

Largest Container Ship Race

      Owning the world’s largest container ship has been a sought after accolade for many years, and the universally accepted measure of this is the maximum number of TEU’s (Twenty Foot Equivalent Units) that the vessel can carry. The past 12 months...

Bangladesh Delays Continue

      Delays from Bangladesh are set to continue with an increase in backlogs since work stopped during Eid al-Adha (The Sacrifice Feast). Congestion at Chittagong port has heightened considerably in recent months, with the average time in port for...

Post Irma Update

      Hurricane Irma ranked as one of the most powerful Atlantic hurricanes on record, wreaking havoc across the US South Eastern States and The Caribbean. While there may be some delays to logistics in the region, the major US ports are all expected to...

Typhoon Hato Update

      Please be advised that Typhoon Hato is approaching Southern China, and is expected to make landfall in Guangdong province tomorrow. The tropical cyclone has continued to intensify in the past few hours and may pass within 100 kilometers south of...

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