Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Container shipping lines are looking for a hike in Asia-Europe spot freight rates, announcing a ...
We are all very interested to see what the exact impact of an expanded Panama Canal will have on trade flows, particularly those into and out of the US, and what role its sometimes-troubled west coast ports will play in the country’s container supply chains of the future. Predictions have varied and several factors remain unknown: the response of the Suez Canal, which currently handles most Asia-US east coast services; the response of west coast ports themselves, which are increasing productivity levels and gaining valuable experience of handling ULCVs. However, US freight forwarder Flexport has penned this interesting blog on some expected ramifications, which include the forecast that west coast ports could see their share of the US market decline from 65% to 55%.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
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