FREIGHT NEWS

Container Freight Rates Set to Rise on More China Lockdowns
Container Freight Rates Set to Rise on More China Lockdowns

The number of containerships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its COVID Zero policy, adding more delays to a strained global supply chain.

China lockdowns threaten to alter Indian container supply forecasts
China lockdowns threaten to alter Indian container supply forecasts

With new Covid lockdowns in China becoming another major challenge for global supply chains already facing widespread dysfunctions, container lines operating to and from India are expecting a knock-on negative effect on the availability of empty equipment for the resurgent market.

CMA CGM and SIPG complete China’s first ship-to-ship LNG bunkering
CMA CGM and SIPG complete China’s first ship-to-ship LNG bunkering

The French shipping group CMA CGM and the Chinese port operator Shanghai International Port Group (SIPG) have achieved China’s first bonded LNG SIMOPS (simultaneous operations) bunkering with the 15,000 TEU CMA CGM Symi being refueled with LNG at Yangshan Port in Shanghai on 15 March.

CMA CGM restarts reefer shipments to all Nigeria ports
CMA CGM restarts reefer shipments to all Nigeria ports

CMA CGM has announced the resumption of its reefer shipments in Nigerian ports with immediate effect.

India fears more container shortages as new Covid lockdowns hit Chinese ports
India fears more container shortages as new Covid lockdowns hit Chinese ports

Container lines trading on Indian markets have been working urgently to bolster empty equipment levels, but are now becoming concerned about the impact of sailing disruptions fuelled by fresh Covid lockdowns in China.

New Shenzhen lockdown will hit supply chains harder than Suez disruption
New Shenzhen lockdown will hit supply chains harder than Suez disruption

Ocean carriers are scrambling to adjust their networks as the Chinese city of Shenzhen begins a week-long lockdown.

Long Beach breaks container volume record for February
Long Beach breaks container volume record for February

California's major port in Long Beach has reported its busiest February in its history, moving 796,560 TEU, which translates to a 3.2% increase compared to the same month last year.

Air charter market struggles with lack of large-capacity aircraft
Air charter market struggles with lack of large-capacity aircraft

As AirBridgeCargo (ABC) looks to find ways to keep its metal in the air, the charter market is looking thin.


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