Asia Ocean Rates Continuing To Rise

Asia Ocean Rates Continuing To Rise

Ocean freight rates have been continuing to rise from Asia this month, as market conditions now mirror the period that followed the outbreak of the coronavirus pandemic. Finding space on vessels continues to be a major challenge and, even when this can be achieved,...
China Ports Suffering From Equipment Shortages

China Ports Suffering From Equipment Shortages

Several Chinese ports are suffering from a severe shortage of container equipment, with Shanghai, Ningbo, Qingdao, Tianjin, and Yantian amongst the worst affected. While we recently reported the widespread capacity issues on ocean freight services from Asia, the...
Asia Ocean Rates Continuing To Rise

Asia Ocean Freight: Space Issues Return

Market conditions for ocean freight services from Asia have taken a turn for the worse recently, with capacity and container shortages returning and the situation starting to resemble the post pandemic period. Finding space on vessels has become challenging, which is...
First Ships Leave Baltimore Since Bridge Collapse

First Ships Leave Baltimore Since Bridge Collapse

The first cargo ships have now left the Port of Baltimore, since the collapse of the Francis Scott Key Bridge last month, after thousands of tons of mangled steel was cleared to create a deep-water shipping channel. Large ships had previously been unable to enter and...