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Market Focus
  • Forwarders and ports brace for a challenging month Apr 22,2021

    Ocean freight forwarders and ports are bracing for a challenging month as the ripple effect from last month’s Suez Canal blockage reaches European and Asian ports and blank sailings affect space, equipment, and other parts of the supply chain.But analysis by Sea-Intelligence published this week indi... [learn more]

  • High cargo crime rates continue despite lockdowns Apr 22,2021

    Product thefts from supply chains in Europe, the Middle East and Africa (EMEA) in 2020 produced losses of more than €172 million despite most of the region being in lockdown as nations took drastic steps to prevent the spread of coronavirus, according to the Transported Asset Protection Association&a... [learn more]

  • Freight association remains unconvinced by UK freeports concept Apr 22,2021

    UK freight forwarding body the British International Freight Association (BIFA) said it remains unconvinced about the benefits of freeports, despite a report yesterday by the UK parliament’s International Trade Committee and the UK government’s push to develop freeports as part of an inten... [learn more]

  • Evergreen blocked from offloading cargo from Ever Given Apr 21,2021

    Efforts by Evergreen, the operator of Ever Given, to have the vessel’s cargo separated from the ship in any legal action have failed.The 20,000 teu Ever Given (IMO: 9811000) was arrested by Egyptian authorities, pending settlement of the Suez Canal Authority’s almost $1bn claim for c... [learn more]

  • Container prices surge in China and India Apr 21,2021

    The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers.In China, average prices for used twenty-foot containers inc... [learn more]

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