The traditional April network adjustments by the three east-west alliances are likely to take a back seat this year as carriers navigate their way through the fall-out from the week-long Suez Canal blockage. Even before the enforced week-long delay of the waterway’s north and southbound convoys, THE Alliance was the only vessel...
The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight. While the vessel’s bow remained stuck on one side of the waterway this morning, the high spring tide this afternoon allowed salvors to re-float the entire ship and unblock the waterway after a week...
The first Asia-Europe container vessels have begun to be rerouted around the Cape of Good Hope, according to new AIS data. According to VesselsValue’s ship tracking data, Evergreen’s 20,400 teu Ever Greet, deployed on the Ocean Alliance’s NEU6 service (the same string as the stuck sister ship Ever Given), which had been...
Air, sea-air and rail freight demand is expected to rise significantly on Asia-Europe lanes as shippers try to avoid the chaos from the blocking of the Suez Canal by the Ever Given. “Increased air freight demand is almost unavoidable,” said one European forwarder. “Even if the vessel was salvaged today there would...
The 20,388 teu containership Ever Given has been freed after grounding against the seawall of the Suez Canal, and traffic on the waterway is expected to resume once the vessel is towed to an anchorage for inspection. An update at noon local time from GAC port news said that, according to information from...
India’s container imports came roaring back to life in the fourth quarter, but booming demand out of China means there’s still a shortage of export containers. According to Maersk’s Q4 India trade report, container volumes grew 13.2% year on year, with exports “stabilising at a high level” and imports bouncing back 36.3%,...
Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for backhaul and secondary trades continue to head north. According to today’s Freightos Baltic Index (FBX), the spot rate for North Europe is $7,684 per 40ft, down from more than $8,000 at the beginning...
Transport operators in Australia have warned of a coming “bloodbath” over spiralling fees levied by the country’s stevedores. In addition to rapidly escalating terminal access fees, previously known as infrastructure surcharges, a newly created “long-vehicle fee” by Patrick Terminals has been slammed as “a tax on productivity”. Introduced at Patrick’s Sydney and Brisbane...
The narrowbody freighter segment is moving closer to enjoying another aircraft type on the scene. Elbe Flugzeugwerke (EFW), the joint venture of Airbus and ST Aero, has inducted an A320 and aims to obtain the supplemental type certificate (STC) for it in the first quarter of next year. Airbus has been accused of...
Countries should lift restrictions on air cargo operations in a bid to improve supply chain connectivity, according to ICAO. In a series of recommendations announced on Friday, following council approval, ICAO is pushing for wider adoption of seventh freedom traffic rights for cargo operators. The organisation’s recommendation 16 states: “Member states are encouraged...
