container shortage Archives - Page 5 of 5

Ocean Insight Reports An Increase In Rollover Rates In The World’s Top 20 Ports

22 January 2021

Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights, reports Seatrade Maritime News.

Rollover rates

Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark. The level of rollovers is calculated on the basis of percentage of cargo from a line that left...

https://mfame.guru/ocean-insight-reports-an-increase-in-rollover-rates-in-the-worlds-top-20-ports/

Maersk Witnesses Scant Relief in Congested Supply Chains

14 January 2021

With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal.

Demand to stay at the top

Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic, according to Robbert van Trooijen, senior vice president for Latin America and the Caribbean at Maersk Line parent...

https://mfame.guru/maersk-witnesses-scant-relief-in-congested-supply-chains/

Ag shippers feel pain from lack of ocean containers

9 December 2020

A photograph of railcars passing by a railroad crossing.

A perfect storm of container unavailability, labor shortages and lack of chassis and warehouse space is wreaking havoc for U.S. agricultural shippers this fall, according to panelists participating in the Agriculture Transportation Coalition’s (AgTC) virtual meeting Tuesday.

“This is one of the most difficult seasons we’ve been facing trying to move our cargo out of the United States,” said Maria Zermeno, logistics manager for Hughson Nut, a coalition member.

Zermeno said her bookings with ocean...

https://s29755.pcdn.co/news/ag-shippers-feel-pain-from-lack-of-ocean-containers

Container Shortage Makes Carrier Prices Only Valid for a Week

26 November 2020

Vessel Shortages expected through Lunar New Year
Freight rates doubled in major Asian routes.
Asian polymers hit by delays, price rises
Maersk’s Taiwan-India rate tops $4,000/FEU
The extremely volatile market is making prices valid only for a week.
The container Shortage is likely to spill over the first quarter of 2021.

According to a Platts report, vessel capacity shortages and trade disruptions in Asia’s container shipping markets are impacting the region’s polymer trade flows and prices,...

https://mfame.guru/container-shortage-makes-carrier-prices-only-valid-for-a-week/

Shipping Community Slapped With Port Congestion Surcharges

6 November 2020

Shippers around the world face huge supply chain challenges from port congestion and an acute shortage of containers, reports The Loadstar.

The Challenges

One carrier source The Loadstar spoke to today said the problems “will get worse”.

“There are so many pinch points building now and they will only get worse before the holiday season and may well run until Chinese New Year [in February],” he warned.

The New Zealand port of Auckland is the latest in a long line of container hubs to see its...

https://mfame.guru/shipping-community-slapped-with-port-congestion-surcharges/

Container Shortage Fiasco To Extend Further By 3 Months

6 October 2020

A container shortage in India is causing long delays for exporters.
The market sentiment in India is very negative, with many businesses afraid the COVID19 situation will continue for another year.
Owing to the port congestion in Colombo and tighter freight rates, India’s container shortage could last another three months.

India’s container shortage could last another three months, as congestion hits Colombo and shippers call for tighter regulation of freight rates, writes Sam Whelan for the...

https://mfame.guru/container-shortage-fiasco-to-extend-further-by-3-months/

Creeping Equipment Shortage Delays US Imports

24 September 2020

A container shortage in India is causing long delays for exporters, especially on US trades.
According to New Jersey-based Worldwide Logistics (WL), the equipment shortage has spread to India.
This is partly due to a drop in import volumes from China after trade restrictions were imposed by the government.
The shortage is most critical at Inland Container Depots (ICD) but also evident at port-side locations.

Container shortage crisis spreads to India delaying exports, writes Sam Whelan for the...

https://mfame.guru/creeping-equipment-shortage-delays-us-imports/

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