News

Ningbo Lockdown

We have been advised this morning that due to an outbreak of COVID-19 Ningbo is back in lock…

Storm Barra Update – Potential Delays

Expected delays at container ports due to high winds.

Reported by Sky News :

STORM BARRA: RAIN, SNOW AND 80MPH WINDS FORECAST TO BATTER UK AMID ‘DANGER TO LIFE’ WEATHER WARNING
Parts of west and southern Ireland are on red alert, and there are yellow warnings for wind in place across England, Wales, and Northern Ireland. Yellow snow warnings cover southern and western Scotland.

Ex-Asia Airfreight Rates

The current constrained capacity and elevated rate situation is ‘not expected to change drastically in 2022

CMA CGM Airfreight

Container shipping and logistics group CMA CGM has ordered four newbuild A350 freighters to add to its new air cargo arm’s rapidly expanding airline fleet and is reportedly going to operate them itself on its own Air Operator’s Certificate (AOC).

Freight Rates Normalisation

Freight rates may have peaked for now and be coming down from their all-time highs. But any resetting to prior levels could take another two years, according to analysis by Sea-Intelligence.

Freight Demand to continue into 2022

Shipping demand will continue into 2022 according to Maersk CEO.

“On the current congestion at ports, Skou said: “Globally, the industry has around 300 ships waiting outside various ports – mostly Los Angeles, around 80 ships, but we also have congestion in the UK, at Felixstowe, in China and a number of other locations – which is really driven not by lack of shipping capacity but by labour in the ports, and in particular, in the US and UK, by a lack of truckers to pull containers away from the port. So, the ports are being clogged up, and we cannot discharge as many containers as we would like, as fast as we would like.”

Why are shipping containers stacked around Suffolk??

Felixstowe is the UK’s busiest container port but it is not the only place in Suffolk where shipping containers are being stored. In recent weeks, large stacks of them have been appearing at locations around the county, leading to questions about why they are there – and what they contain.