Shipper Satisfaction Survey Shows Concerns With 2020 Canceled sailings

Shipper satisfaction survey shows positive 2019 trends and 2020 concerns as a growing number of canceled sailings are seen, says an article published in The Maritime Executive.

Annual shipper satisfaction survey 

Drewry and the European Shippers’ Council (ESC) conducted the fourth annual shipper satisfaction survey. 

The survey results showed a marginal improvement in 2019 for container shipping lines’ ability to provide cargo space. 

Survey results 

2019 trends and 2020 concerns

  • The survey reported...

https://mfame.guru/shipper-satisfaction-survey-shows-concerns-with-2020-canceled-sailings/

Coronavirus Impact Spreads! Disruption Starting To Spread To Neighboring Economies!

  • Trade market is passing through a period of disruption forced by the coronavirus outbreak, affecting physical supply chains.
  • Outbreak has a negative impact upon exports coming from China to the U.S. and Europe.
  • The signs indicate a major dislocation in global supply chains and commodity trade, with situation expected to get worse for some products.
  • The disruption to the 90% trade transported through the sea is expected to impose a drop in imports at U.S. retail container ports during February.

http://mfame.guru/coronavirus-impact-spreads-disruption-starting-to-spread-to-neighboring-economies/

Sea-air Opted To Get Goods Out of China

  • Retailers opt for sea-air to bring their goods out of China.
  • Garment industry needs new season launch stocks into shops before Easter.
  • Importers do not want to pay air freight spike which is likely to be $4-$5 per kg, up from about $2 per kg. 
  • Sea-air is an attractive option, as it would come in at about the $2.80/kg mark.
  • Some importers still see sea-air as a risk, so they opt for pure air freight. 
  • Smaller feeder vessels also opted to get goods out of China bypassing the mega-ships as they...

http://mfame.guru/sea-air-opted-to-get-goods-out-of-china/

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