Category: Sea

The huge downward push on freight rates did slow in January and the continuing weak demand will put the brakes on any rate increases, with expectations for post-CNY volumes bearish, although some lines have been attempting surcharges on transatlantic, transpacific and ex India routes.  Th... Read more

The planned 2025 split of the 2M alliance, after ten years, by the world’s largest and second-largest container shipping lines - MSC and Maersk - has been looking increasingly likely, as Maersk pursues its integrated strategy and MSC’s expansion has given them the scale to effectively offer a... Read more

There was no pre-CNY transpacific rush this year and with China re-opening, factories are expected to open again in the second half of February, which is why carriers have tried to maintain rates. The CNY has given US ports a respite and most are now clear, with hardly any ships waiting outside W... Read more

Ships emit around one billion tonnes of greenhouse gases every year, or 3% of global emissions and despite IMO 2023 aiming to reduce carbon emissions from international shipping by 40% by 2030 and 70% by 2050, the EU is including maritime emissions in its emissions trading scheme (ETS). The EU... Read more

Shipping lines have cancelled almost 30% of pre and post Chinese New Year sailings from Asia, with THE Alliance cutting 36% to Europe and diverting backhaul sailings around the Cape of Good Hope, which adds two weeks transit time to China.  In a normal year, the weeks building up to China... Read more

The US Ocean Shipping Reform Act (OSRA), which was passed into law last June, gives the Federal Maritime Commission (FMC) more power to deal with shipping lines and mitigate supply chain disruption, leading to a slew of claims and jealous European shippers.  In just six months the Federal... Read more

The global shortage of RoRo (roll on – roll off if you have ever wondered) capacity for finished vehicle shipments has intensified over the last two quarters, encouraging an increasing number of car manufacturers to look for control of vessel assets, while many others look to containe... Read more

The ocean freight trade-lane between Europe and the United States is dominated by a handful of large carriers and while we have good relationships and work closely with those carriers, we also maintain a roster of smaller carriers, for tactical use, including one which has a particular pedigree. ... Read more

As freight prices on every mode return to relative stability and the worst effects of inflation work though, the market is expected to rebalance, achieve ‘correction’ and ultimately recover with slow growth in 2023. The spiking freight rates on all modes are falling away and... Read more

In just over two weeks, IMO 2023 will require containers ships to comply with new environmental efficiency and carbon intensity regulations, which older ships will have difficulty complying with and may prompt early scrapping, removing vast swathes of capacity from the market. According t... Read more

Just weeks after the Electronic Trade Documents Bill was presented before Parliament, Metro has commenced its first trial shipment with an electronic bill of lading (eBL), on Hapag Lloyd, which was a first for the German carrier too. Following large-scale frauds and disruption to global trade ... Read more

Roll-on/roll-off (RoRo) ships are designed to carry wheeled cargo, such as cars, trucks, buses, railroad cars, excavators and industrial vehicles and in this niche sector freight rates are increasing, with some routes fully booked four months out, which means if you have a wheeled cargo to move, ... Read more