/Tag:Ocean Freight

Hapag-Lloyd establishes Marine Fuel Recovery (MFR) mechanism

October 12th, 2018|Categories: News|Tags: , , |

Announcement by Hapag-Lloyd: With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel oil will be lowered from 3.5% to 0.5%. This new regulation will significantly improve the ecological footprint of the shipping industry, and the majority of all vessels [...]

Asia-Europe Trade, Ocean Market Report – April 2017

April 3rd, 2017|Categories: Market Reports|Tags: , , |

Over the next few weeks one of the most significant events in global container shipping in the last 10 years will unfold as the world’s leading carriers re- arrange the consortia in which they operate, and attempt to deliver revised and hopefully improved services.

Strike Disruption in Bangladesh: 5th October 2016

October 5th, 2016|Categories: News|Tags: , , , |

Customers may be aware that there is an ongoing dispute in Bangladesh between the authorities and the trailer/truckers association that has lead to various wildcat strikes over the past few days.  This has lead to significant disruption in moving containers through the main exit port at Chittagong and container exports have missed feeder vessels as [...]

Asia to Europe Ocean Trade Market Report – September 2016

September 20th, 2016|Categories: Market Reports|Tags: , , , , |

Almost 7 years ago when the container shipping industry looked in danger of financial meltdown, it was widely predicted that at least one major container operator would not survive. Against all the odds, and in a number of cases after selling off the family jewellery and the odd port here and there, everybody did survive the next few years, albeit with little more financial success.

  • Asia: Europe Trade Ocean Market Report

Bangladesh Congestion: 22nd July 2016

July 22nd, 2016|Categories: News|Tags: , , , |

Chittagong Port Update Whilst it is encouraging to report that the current issues in the port have not worsened in the last week, there are only limited signs of improvement and the general port area is still suffering from congestion and delays to both inbound and outbound freight. The port authority is making efforts to [...]

Asia-Europe Trade, Ocean Market Report – July 2016

July 20th, 2016|Categories: Market Reports|Tags: , , |

In our last market update some 5 weeks ago it was noted that there were the first signs of some subtle changes in the Asia-Europe freight market, and for the first time in over 12 months an indication that the carriers were getting some measure of control on the over-capacity situation that has characterised the market for some time.

  • Asia: Europe Trade Ocean Market Report

Bangladesh Congestion: 5th July 2016

July 5th, 2016|Categories: News|Tags: , , , |

Chittagong Port Update Further to our last update we regret to advise that there is very little positive news from Bangladesh regarding the congestion situation at the main exit port of Chittagong. As we approach the Eid holiday period there is a huge back-log of export containers in and around the port, with large numbers [...]

Declaration of Container Weight for Export Shipments: 30th June 2016

June 30th, 2016|Categories: News|Tags: , , |

In November 2014 the International Maritime Organization (IMO) adopted amendments to the Safety of Life at Sea (SOLAS) regulations that will have a significant impact on the export of loaded freight containers within all States that are party to the Convention. The UK is a party to the Convention and the specific impact of [...]

Chittagong Congestion: 1st June 2016

June 1st, 2016|Categories: News|Tags: , |

Chittagong Up-date Importers from Bangladesh may be aware of considerable difficulties being encountered at the main exit port of Chittagong where increasing container throughputs have led to significant berth congestion,  compounded by weather issues leading up to the monsoon season. As a consequence we are seeing feeder vessels to/from the main  trans-shipment ports delayed by [...]

Asia: Europe Trade Ocean Market Report – May 2016

May 25th, 2016|Categories: Market Reports|Tags: , , |

The late spring period is one that is traditionally quieter for many retailers and their suppliers as we pass through a between-season period, with spring/summer products despatched or delivered, and the autumn peak season yet to commence. Consequently container arrivals in Europe on the main east-west trades tend to fall back a little and freight rates reflecting lower demand tend to drift downwards.