Asia-South America

Supply chain radar: Behind Coca-Cola’s breakbulk blueprint – ‘taste the feeling’

Yesterday came the news that UK supermarket Asda has become the latest shipper to charter its own vessel to overcome the supply chain chaos – a ship carrying 350 boxes is now en route to the UK.
These stories are becoming increasingly common, but the stand-out star remains remains the world’s favourite soft drink… remember the Coca-Cola post on social media that went viral for choosing breakbulk over containers?
Quick recap 
“When you can’t …

The post Supply chain radar: Behind Coca-Cola’s...

https://theloadstar.com/supply-chain-radar-behind-coca-colas-breakbulk-blueprint-taste-the-feeling/

Asia-Europe ocean spot rates sail into calmer waters as boxes are returned

Container shipping spot freight rates on the Asia-North Europe trade declined 2.7% this week – a further sign the recent exponential growth has levelled off.
Today’s Shanghai Containerised Freight Index (SCFI) Shanghai-North Europe leg was $4,276 per teu, down $117 per teu from last week, as carriers began to release more equipment to customers in China.
Christoph Baumeister, senior trade manager Asia/ISC-Europe at Flexport, said the rates decline was mainly driven by …

The post Asia-Europe...

https://theloadstar.com/asia-europe-ocean-spot-rates-sail-into-calmer-waters-as-boxes-are-returned/

On the wires: The container freight story at a granular level

Alphaliner published an interesting note this week which looked at the extraordinary performance of container freight rates, but at a granular level.
Analysing the recent gains on the Shanghai Containerised Freight Index – which charts nine deepsea trades out of Shanghai, in addition to four intra-Asia routes – and dividing the headhaul freight rate with the nautical distances between Shanghai and each trade’s base port to give the dollar earned per …

The post On the wires: The container freight...

https://theloadstar.com/on-the-wires-the-container-freight-story-at-a-granular-level/

‘Slidings’, port omissions and short-notice network changes replace blanking

Scheduling ‘slidings’, ad-hoc port omissions and short-notice network structural changes are replacing blankings as the new challenges for shippers in 2021.
The latest advisory on “service adjustments” comes from 2M partners Maersk and MSC, relating to the transpacific tradelane.
MSC said it had decided to make some “additional structural changes” on its transpacific network until further notice.
And Maersk said: “Due to market demand volatility and operational challenges caused by the Covid-19...

https://theloadstar.com/slidings-port-omissions-and-short-notice-network-changes-replace-blanking/

‘Slidings’ replacing blank voyages as ocean carriers stretch transit times

Ocean carriers are looking to extend transit times in a bid to improve schedule reliability and cut costs
They are starting to add more buffer time into schedules to mitigate the impact of chronic global port congestion.
Hapag-Lloyd said today it was adding seven days to the westbound schedule of its AS2 Asia to South America east coast schedule for 13 weeks – one of two loops it operates on the trade …

The post ‘Slidings’ replacing blank voyages as ocean carriers stretch transit times appeared...

https://theloadstar.com/slidings-replacing-blank-voyages-as-ocean-carriers-stretch-transit-times/

The real cost of ocean freight out of Asia is hitting ‘unbelievable’ heights

Notwithstanding further rate spikes this week, the Shanghai Containerized Freight Index (SCFI) is still understating the prices shippers are paying carriers, according to a senior analyst.
“It should be noted that the market is at a point where the SCFI is, in some cases, significantly underestimating actual rates paid,” said SeaIntelligence’s Lars Jensen.
However, the SCFI’s comprehensive index, reading 2,411.82, is 167% higher than a year ago, reflecting huge spot rate increases …

The post The...

https://theloadstar.com/the-real-cost-of-ocean-freight-out-of-asia-is-hitting-unbelievable-heights/

Ocean rates still rising alongside ‘major problems’ for those on the front line

Today’s Shanghai Containerized Freight Index (SCFI) shows a further 10.65-point gain in its comprehensive index to 1,448.87 – 71% higher than at the end of May.
The huge increase over the past five months, in the midst of the pandemic, has been driven by substantial gains in container spot rates across both main and secondary tradelanes.
For example, on the secondary routes of Asia to Australasia, Asia to South Africa and Asia …

The post Ocean rates still rising alongside ‘major problems’ for...

https://theloadstar.com/ocean-rates-still-rising-alongside-major-problems-for-those-on-the-front-line/

Transpacific rates bull run takes a breath as Golden Week holiday looms

Container spot rates on the transpacific eased back this week, suggesting the bull run on the trade may be ending.
Today’s final publication of the Shanghai Containerized Freight Index (SCFI) before the Chinese Golden Week holiday recorded an $11 decrease for rates to the US west coast, to $3,856 per 40ft, and down $9, to $4,625, to the east coast.
SeaIntelligence’s Lars Jensen said: “This is of course not a guarantee that we …

The post Transpacific rates bull run takes a breath as Golden Week...

https://theloadstar.com/transpacific-rates-bull-run-takes-a-breath-as-golden-week-holiday-looms/

Charter market still soaring, with ‘owners seeing dollar signs now’

A further 65 vessels, for a total of 155,350 teu, have found employment in the past two weeks, driving charter rates to new highs.
According to the latest Alphaliner idle tonnage report,  just 163 containerships were idled as at 14 September, which includes 21 are out of service for scrubber retrofits.
At 644,293 teu – 2.7% of the global containership fleet – idle tonnage has slumped from around 1m teu just a …

The post Charter market still soaring, with ‘owners seeing dollar signs now’ appeared...

https://theloadstar.com/charter-market-still-soaring-with-owners-seeing-dollar-signs-now/

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