10/08 2021
The dearth of ships available for charter or sale has caused Wan Hai Lines to put plans to re-enter the Asia-Europe tradelane on hold.
Significant congestion has returned to plague Europe’s inland waterways, and following last month’s flood damage there is concern over an absence of alternative routes.
The lockdown in South Vietnam has caused a 100,000 teu pile-up at Ho Chi Minh City’s Cat Lai port.
Growing congestion fears in Asia are being matched by an apparent resurgence of delays at US west coast ports.
Within weeks the transpacific market has brightened significantly for the port of Oakland, as two carriers have launched new services from Asia.
OOCL has launched a rail-sea service from China to the US east coast, which it claims is a first.
Taiwanese liner operator Evergreen’s net profit shot up 29-fold in the first half of this year to $3.2bn, thanks to continuing equipment and capacity shortages pushing up rates.
Container shipping bottlenecks are creating winners and losers in reefer cargo, with consumers footing the bill for the increased logistics costs.
Showing 265 - 272 / 344 Result(s)