by Matias Schiestl | Sep 7, 2022 | Blog & Market Update
SEA FREIGHT The ports of Shanghai, Ningbo, and Busan have been closed due to Typhoon Hinnamor, severely impacting shipping schedules from Asia. Shanghai Pudong Airport likewise canceled most flights, with normal operations scheduled to resume on Wednesday, 7th...
by Matias Schiestl | Aug 10, 2022 | Blog & Market Update
SEA FREIGHT The capacity between Asia and the United States West Coast decreased but remained the most important commercial route. In the three months leading up to July 24, the average capacity between Asia and the United States East Coast increased by 18.9%...
by Matias Schiestl | Jul 8, 2022 | Blog & Market Update
SEA FREIGHT Several carriers have canceled or postponed their sailings from Shanghai to the US in the last week of June. But the backlog of containerships created during the lockdown period is under control and is being cleared methodically. There was less congestion...
by Matias Schiestl | Jun 14, 2022 | Blog & Market Update
SEA FREIGHT Shippers are anticipated to continue to face rising supply chain costs due to port congestion and poor schedule reliability, despite a mixed demand picture on the world’s most significant container shipping lanes. It is a mixed bag of demand for...
by Matias Schiestl | Apr 7, 2022 | Blog & Market Update
SEA FREIGHT Lockdowns in China, the war in Ukraine, and the rising inflation are a toxic mix of uncertainty for sea liners. While container spot prices are currently falling, they are still in line with regular seasonal declines, and ocean carriers have successfully...
by Matias Schiestl | Jan 13, 2022 | Blog & Market Update
SEA FREIGHT Shipping companies globally expect steeper rises in shipping and logistics contract rates next year after supply-chain costs skyrocketed in 2021. The Logistics Managers’ Index, which analyses total logistics pricing such as transportation,...
