Carriers Can Still Make Good Money in Tumbling Spot Rates?

Container spot rates from China to Europe and the US tanked again this week, leading to heavy discounting by carriers and prompting some to offer significant mid-term reductions to contract rates, reports The Loadstar.

The decline in freight rates was difficult to stop

Ahead of the Chinese Golden Week holiday, the Ningbo Containerized Freight Index (NCFI) weekly market commentary reported that vessel export load utilisation levels were “poor”, and that “the decline in freight rates was difficult...

https://mfame.guru/carriers-can-still-make-good-money-in-tumbling-spot-rates/

Tesco on a slower supermarket sweep, gathering market share and raising profit outlook

Tesco on a slower supermarket sweep, gathering market share and raising profit outlook

Sussanah Streeter

Share Research – 13 January 2022

Tesco on a slower supermarket sweep, gathering market share and raising profit outlook

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’Tesco was on a slower supermarket sweep in the run up to Christmas this year, but gathered further market share as its giant trolley of operations scooped up customers searching for value. The...

https://allaboutshipping.co.uk/2022/01/13/tesco-on-a-slower-supermarket-sweep-gathering-market-share-and-raising-profit-outlook/

Festive haircuts slashed and Christmas party carnage

Festive haircuts slashed and Christmas party carnage

Sarah Coles, senior personal finance analyst, Hargreaves Lansdown
  • At the end of December, 50% of businesses classed as ‘other services’ – including hairdressers and beauty salons – said cancellations had increased during the month.
  • Among accommodation and food services, 45% said cancellations were up, and in arts, entertainment and recreation it was 27%.
  • Those companies with 10-49 staff had the highest percentage seeing more cancellations – at...

https://allaboutshipping.co.uk/2022/01/06/festive-haircuts-slashed-and-christmas-party-carnage/

One more coronavirus death; new record case numbers…

One more coronavirus death; new record case numbers… 

Monaco; the marina and at the centre the Yacht Club de Monaco

Good Morning Monaco – Friday, December 24, 2021

One more coronavirus death; record new infections
A Monaco resident, 77, has died of coronavirus, the Monaco Government announced on Thursday evening, taking the total since the start of the pandemic to 38.

Prince Albert and children to visit Princess Charlene
Princess Charlene of Monaco will be visited by her two children and her husband,...

https://allaboutshipping.co.uk/2021/12/24/one-more-coronavirus-death-new-record-case-numbers/

Where will truckers see a white Christmas?

For truckers who are dreaming of a white Christmas — defined by the National Weather Service as having at least 1 inch of snow on the ground the morning of Dec. 25 — the chances are good in some parts of the country this year. Before getting into the forecast, however, let’s look at historical chances across the country.

Related: Chaining up: 4 pro tips for truckers

Based on average Christmas snow amounts from 1991 to 2020, most white Christmases in recent decades have been in the Mountain...

https://www.freightwaves.com/news/where-will-truckers-see-a-white-christmas

6 historic Christmastime US storms

Holidays are probably the worst times of year for disruptive storms, if you ask just about anyone in trucking. These are six of the worst storms to hit the U.S during Christmastime, bringing transportation to a grinding halt.

Upstate New York: Dec. 25-28, 1969

December 1969 was a very snowy month for parts of the Northeast. By the 22nd, 12 inches had already fallen in some areas. Then, a storm moved up the East Coast on Christmas night, stalling off the New England coast for three days. It dumped...

https://www.freightwaves.com/news/6-historic-christmastime-us-storms

Seafarers’ Charity Brings Christmas Cheer And Support To Seafarers

Stella Maris chaplains shoeboxes for seafarers

Global maritime charity Stella Maris is bringing Christmas cheer and support to seafarers who are working harder than ever this year to ensure goods are delivered in time for the festivities. The organisation’s chaplains and ship visitors in ports in the UK and worldwide are visiting as many ships as they can to distribute Christmas shoeboxes and gift bags packed full of warm clothing, toiletries, mince pies, chocolate and Christmas cards written to seafarers by the charity’s supporters.

Hundreds...

https://www.marineinsight.com/shipping-news/seafarers-charity-brings-christmas-cheer-and-support-to-seafarers/

Stella Maris brings Christmas cheer and support to seafarers

Stella Maris brings Christmas cheer and support to seafarers

Stella Maria Chaplains shoeboxes for seafarers

Global maritime charity Stella Maris is bringing Christmas cheer and support to seafarers who are working harder than ever this year to ensure goods are delivered in time for the festivities.

The organisation’s chaplains and ship visitors in ports in the UK and worldwide are visiting as many ships as they can to distribute Christmas shoeboxes and gift bags packed full of warm clothing,...

https://allaboutshipping.co.uk/2021/12/14/stella-maris-brings-christmas-cheer-and-support-to-seafarers/