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...
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...
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...
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...
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...
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...
