Category: Blog

According to shipping consultants Drewry, the container shipping sector is heading for record profits for this year and probably, 2022 is also expected to be highly profitable. The total 2020 figures for all liner show the industry achieved some $26.6bn operating profit, the highest figure ever recorded by the UK analysts, with a combined operating margin of 13%. …

Trans-Atlantic trade has been growing in the past few years. Total containerized trade between the US and Europe grew 4.1 percent to 5.67 million loaded TEU in 2019, with US imports accounting for 65 percent of the total and exports 35 percent. …

Usually the slowest period of the year in trucking industry is the first quarter (Q1), but not in 2021. US imports and increased industrial output kept the pressure on truckload and less-than-truckload capacity in January and February. Those factors, and a slow rollout of the COVID-19 vaccines, have kept rates rising. Shippers and carriers are coming to grips with rising costs in contract negotiations. Now than ever the shippers need a high-level cooperation to service the customers under the prices that can afford. …

Once again, many seafarers being hit by the rise due to travel restrictions imposed by governments in response to new Covid 19 variants and pressure is growing to ensure seafarers receive priority vaccines. The latest industry analysis shows that around 200,000 seafarers are currently affected by the crew change crisis, a considerable reduction from the height of crisis last year when 400,000 needed to be repatriated. …

The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight. While the vessel’s bow remained stuck on one side of the waterway this morning, the high spring tide this afternoon allowed salvors to re-float the entire ship and unblock the waterway after a week of closure. …

Ocean transportation is facing its greatest challenge since we went from sail to steam in the 1840s.Over the next few decades as many as 60,000 ships must transition from combustion of fossil fuels to zero-emission propulsion. …

A global shortage of shipping containers causes increased charges of cargos sending. Trade balance in China looks like following: exporting 3 ctns for each 1 imported. Recent delays in containers’ returning to China due to pandemic and reasonable shortage now is starting to make the export very limited. …

Container transport of goods, although very efficient, is not an easy way to transport goods. This type of transport of goods requires knowledge and experience of highly trained staff, quality means of transport, as well as the highest level of logistics. That is why the transport of goods by containers is realized in several phases. In other words, before the transport of goods by containers, appropriate preparatory actions should be performed. …

Maersk Line has announced that it would be operating the world’s first carbon-neutral containership by 2023 – some seven years earlier than planned. A company spokesman confirmed that a newbuild 2,000 teu feeder vessel would be equipped with dual-fuel technology that would allow it to run on methanol or very-low-sulphur fuel oil (VLSFO). The vessel is scheduled to begin operating on one of the carrier’s intra-regional networks in 2023. …

The ageing global container fleet will anticipating a substantial increase in newbuild orders placed this year and next, despite future propulsion concerns, a new report from Braemar ACM suggests. The broker is anticipating a pick up in new boxship orders in 2021 and 2022, following on from a sudden spurt of ultra large boxship orders seen in Q4 last year. …

By activating the intermodal terminal, the customers are enabled to reduce logistics costs and to have faster, safer and better transport service. It makes the connection between significant markets and numerous functions and benefits. …

The rapid boom in Air freight rates, is fueling the demand for less than container load(LCL) services. …

The efficient operation of ship, large and small, will at some point depend on the ports and terminals where they load and unload. The effects of the Covid 19 pandemic have highlighted the need for increased automation, paperless documentation as well as a general optimisation of processes. Some of the technologies being introduced or discussed are as follows. …

Hamburg based Ocean Insights data on cargo delays reveals that high rollover rates continues to cause major delays. …

Faced with the necessity of reducing emissions drastically over the next decades, the shipping industry is involved in numerous projects find alternatives to fossil fuels, one of which is Nuclear. …

The combination of sky- high rates and a dire shortage of containers, the effects of the global pandemic as well as the normal frenzy of Christmas deliveries, have created “a perfect storm” for shippers worldwide and there is little sign of an improvement. …

Ship owners and operators having been facing much criticism over the last six months for both the eduction of sailings as well as the ever- increasing rates. In its defence, the industry naturally blames the pandemic, port congestion and unpredictability of demand. With new crises now developing, what does 2021 hold? …

2021 forecast in international transport estimates that the innovation is one of the things which can restart the stopped activity and economy that depends on it.  The first real recoveries may be expected in April 2021. Obviously, the digitalization will change the international trade but also and deduct the costs. …

A shipping container is designed and intended for intermodal freight transport. This means that it can be used for a couple types of transport: from ship to rail or truck without loading or reloading. The containers are used to store the Goods safely and efficiently. …

From an estimated loss of $23 Billion to a predicted $14 Billion profit. According to the Danish consultant Sea Intelligence, this was the biggest swing in the 64 year history of the container business but with freight rates in all regions going through the roof, regulators seem unable to prevent the impact on shippers. …