Sea Freight

Manila overcomes container congestion woes

No sign of last year’s disastrous delays as peak import season comes to a close

Rates rebound ahead of December GRIs

Asia-north Europe spot prices rally almost 90% and Asia-Med average prices double as annual contract renewals loom

Rotterdam faces strike action

Unions threaten stoppages over redundancies

China’s 10 biggest ports handled fewer containers in October

Volumes drop as exports fall for a fourth straight month

Asia set to lead ‘third wave of globalisation’

Plummeting logistics costs, new technologies, increasing economic integration, and expanding intra-Asia movements will quadruple worldwide exports by 2050, predicts HSBC report

Russia sanctions could be extended

Western leaders discuss extension at G20 summit in Antalya

CMA CGM in ‘exclusive’ talks to buy NOL

French line emerges ahead of Maersk as most likely purchaser of APL’s parent group, although two-week negotiations period is ‘no guarantee of a deal’

Freight rates hit post-crisis lows

Spot prices plummet on main box trades, taking Shanghai Containerised Freight Index to all-time low

Transpac lines agree rate rises

Asia-US carriers will attempt to stem freight price declines by pushing increases at the start of December and January

CKYHE alliance suspends Asia-US southeast coast service

Cancellation to start from December 3

Gloomy demand outlook for Asian exports

Significant volume declines in October at key ports as China demand contracts, although analysts report mixed signals on industrial orders

Cosco and China Merchants complete Turkish terminal acquisition

Acquisition will advance China's One Belt, One Road initiative

Novorossiysk project to bring first 10,000 teu vessels into Black Sea

Construction of a deepwater berth at port’s NUTEP terminal will alter regional supply chain networks, reduce costs, and cut delivery times by 4-12 days for Russia-bound cargo

Sinotrans & CSC subsidiaries reveal parent plans reorganisation

Merger between China Merchants Group and Sinotrans looks another step closer

APL purchase ‘not logical’ – Drewry

Maersk and CMA CGM’s interest in buying Neptune Orient Lines is motivated by opportunity rather than logic, analyst says

Advice & Insight

Wake up call

Maersk Line profit downgrade confirms Drewry’s prediction that the industry downturn would worsen in the third quarter. Will it trigger the action needed to turn things around?

Project delayed to raise the Bayonne Bridge for 'post-Panamax' ships

Delay in $1.3 billion infrastructure development "due to construction challenges and the harsh 2014-2015 winter”

Container shipping faces three more years of overcapacity and financial pain

Consequently, spot freight rates across most key trades have fallen to historical lows, particularly on the Asia to Europe, Asia to East Coast of South America and Asia to Middle East trades

Shanghai Yangshan terminal expansion spurs automation drive at Chinese ports

Scheduled for completion in 2017, investment costs were estimated at between $1.6 billion and S$1.8 billion

Santos Brasil given nod for expansion of Tecon Santos terminal

New intermodal integration will eliminate the need for trucks leaving the terminal to cross the railway lines

Freight People

BIFA’s Steve Parker becomes new president of CLECAT

DHL Global Forwarding’s head of customs and brokerage in Europe has over 35 years of experience in freight forwarding and logistics

Oliver Evans joins freight drone pioneer Matternet

Former cargo chief of Swiss International Air Lines becomes head of global business development within technology firm

IAG’s Steve Gunning to leave cargo in April

Airline group’s cargo head will become chief financial officer at British Airways

Kerry Logistics appoints Thomas Blank new Europe MD

Former Panalpina, UTi, Geodis, and Agility senior executive to head Asian 3PL’s European presence

Alain Chimène to head Ziegler’s Air & Sea division

Belgian group recruits former Geodis VP to lead forwarding business in new MD role

Have Your Say

The ACE race gets underway – for real

Freight software specialist Kewill says companies need to start transitioning now ahead of US Customs’ 28 February Automated Commercial Environment mandatory deadline

Cross-Channel pricing review - Quarter 3

Freightex CEO Tim Phillips believes continuing restricted capacity, cross-Channel disruption concerns, and growing pressure of volumes towards Christmas will probably lead to further rate increases in the next two months

Minimising the risks of dangerous goods

In Part Two of his examination of the lessons to be learned from the recent tragedy in Tianjin, TT Club’s Peregrine Storrs-Fox suggests some practices and protocols for minimising the risk of such incidents reoccurring

Move your TMS ‘Back to the Future’

Kewill’s Evan Puzey says it is time for logistics and supply chain companies to ditch legacy transport management systems

Identifying dangerous goods accurately: Lessons from Tianjin

TT Club’s Peregrine Storrs-Fox highlights the crucial importance of declaring and handling dangerous goods correctly