Trump Second Term Poses ‘Destructive Risk’ to Container Market
The prospect of Donald Trump winning the forthcoming US presidential election ought to put the container shipping industry on alert, new analysis from Drewry Shipping Consultants h
Trump Tariff Threat and China Downturn to Make CNY 2025 ‘Different’
The impact of Chinese New Year (CNY) on global supply chains “cannot be overstated”, according to Maersk, amid a warning that the forthcoming 29 January to 3 February holiday w
Shipping from Asia to Latin America? GRI Incoming
A General Rate Increase (GRI) from Asia* to the West Coast of South America, Mexico, Central America, and the Caribbean** is coming up. This GRI will apply to cargo transported in
US Atlantic and Gulf Ports Shut Down as ILA Rejects Last-Minute Offer
Some 36 major ports on the US east and Gulf coasts have now shuttered, despite a last-minute near-50% wage increase offer from employers’ association USMX. In a statement the USM
US Port Congestion: Impact on Sea Freight and Solutions
US port congestion has been making headlines for a while now, and it’s no secret that this issue is creating ripple effects across global trade. As sea freight serves as the back
Retail Group Predicts ‘Near-Record Surge’ in
US retailers do not anticipate a slowdown in imports for the second half of 2024, driven by a near-record surge in August as retailers fast-track shipments ahead of potential longs
Kaohsiung Hit by Asia’s Container Congestion
The container congestion contagion effect appears to be manifesting itself in Taiwan with a recent build-up of boxes in its main gateway of Kaohsiung. Congestion in south-east Asia
Maersk’s New D&D Calculations Seen as Benefiting ‘Liner Pockets’
A change in the way Maersk calculates detention and demurrage (D&D) rules will not be effective in helping container flows and will only be beneficial to the pockets of contain
MSC CAP/KIWI Service Suspended until further notice
In a significant update received, it has been instructed that all fresh bookings for the Capricorn and Kiwi Express services must cease immediately. This measure is necessary to ad
Intra-Asia Services Struggle as Smaller Ships Diverted to Long-Hauls
The cascading of smaller box ships to more-lucrative long-haul lanes has created a shortage of vessels for intra-Asia trades. A meeting of representatives of the Korea Shipowners A
