Ports Continue to Set Records; Congestion Worsens on West Coast

More than 60 containerships sat in San Pedro Bay on Feb. 18, at the entrance to the sprawling ports of Los Angeles and Long Beach. The vessels are waiting for a slot to sail into those facilities to begin unloading their cargo and then start the nearly two-week trip back to China. But because of […]

Pandemic aftershocks overwhelm global supply lines

As shopping habits change, ports and cargo carriers struggle to keep pace By David J. LynchJan. 24, 2021 at 3:02 p.m. EST One year after the coronavirus pandemic first disrupted global supply chains by closing Chinese factories, fresh shipping headaches are delaying U.S. farm exports, crimping domestic manufacturing and threatening higher prices for American consumers. The cost of […]

Container shortages the biggest disrupter: where are all the empty boxes?

By Mike Wackett 01/12/2020 Some container vessels have been sailing from Asia to Europe under-utilised in recent weeks due to an acute shortage of empty boxes. A carrier source told The Loadstar: “We have had to sail light a few times recently as there are just not enough boxes at depots [in China] to meet the demand.” All carriers […]

Liners highly unlikely to slash service for Chinese New Year

Every year, the global supply chain grapples with a major disruptive event: Chinese New Year (CNY). Volumes at sea plunge as Chinese factories shut down. Carriers temporarily “blank” (cancel) sailings due to lack of outbound boxes. Importers pull cargoes forward before the holiday to ensure they have enough inventory. CNY falls on a different date […]

Trans-Pacific shipping rates just popped to new all-time high

Is this the end of the mysterious trans-Pacific rate plateau? The good news for ocean carriers — and bad news for shippers — is that rates are rising yet again. Base spot rates for container shipments from Asia to the U.S. West Coast had been curiously flat since late September. Rates kept to a narrow […]

Demand growing for priority trans-Pacific services from Vietnam

Bill Mongelluzzo, Senior Editor | Aug 24, 2020 12:38PM EDTPrint      APL Logistics now serves 13 load ports in Asia with its OceanGuaranteed product, including Haiphong and Ho Chi Minh City in Vietnam. Photo credit: Shutterstock.com. APL Logistics Monday announced the addition of Haiphong, Vietnam, to its OceanGuaranteed product, a move that capitalizes on importers’ requirements […]

Shippers brace for wave of carrier charges as service suffers

Carriers have announced a stream of rate increases and surcharges across multiple trade lanes that will go into effect over the next month as unprecedented demand continues to overwhelm the global supply chain and drag service levels to fresh lows. With carriers in complete control in a sellers’ market, prior rate increases and surcharges imposed […]

Huge congestion at ports across Asia, Australia, and the USA

Posted in Container Shipping by Ankur Kundu on Nov 11, 2020 at 08:45. Qingdao, Lianyungang, Ningbo, and Shanghai are some of the biggest ports when it comes to the Asian and Chinese markets at large. These ports are now reporting a dearth of equipment, with increasing delays in vessel berthing operations adding to the woe of port authorities. Coming to the US market, […]

Container shortage crisis spreads to intra-Asia trades, driving prices higher

By Sam Whelan 11/11/2020 What a major shipping line called the “black swan” container shortage has hit intra-Asia trades as carriers prioritise transpacific profits. With some 30m teu carried each year, the intra-Asia tradelane is the largest in the world, comprising around 100 port pairs. Costs have traditionally been kept in check, there’s been less carrier consolidation […]

Holiday ‘shipageddon’ update: Container sector scrambling

Latest data reveals trans-Pacific constraints are getting worse Greg Miller, Senior EditorFollow on TwitterWednesday, October 28, 20202 4,273 3 minutes read ’Twas the night before Christmas and all though Shenzhen, not a container was stirring; they’d been “rolled” yet again. This is the holiday “shipageddon” fear for ocean shippers. Amid heavy rolling — delays of loadings until subsequent voyages […]