Viewpoint: China COVID policies to squeeze flow of European exports to North America

Containers in Shanghai.

China’s zero-COVID measures are producing another problem in trade. Logistics providers in Europe told American Shipper they are concerned about an impending empty-container-supply crisis. A bitter combination of blank sailings and an increase in delays of Europe-bound shipments from China have created a cocktail of capacity constriction.

“You need imports to have containers for exports,” said Alexander Geisler, managing director, German Shipbrokers’ Association (ZVDS). “The whole system only...

https://www.freightwaves.com/news/viewpoint-china-covid-policies-to-squeeze-flow-of-european-exports-to-north-america

Tanker turnaround propels ClarkSea Index to new highs, now double the 10-year average

Shipping’s bountiful start to 2022 is reaping big profits across the main sectors for the first time in years. The ClarkSea Index is a useful barometer of shipping fortunes. Created by Clarkson Research Services in 1990, the weighted index of tanker, bulk carrier, containership and gas carrier...

https://splash247.com/tanker-turnaround-propels-clarksea-index-to-new-highs-now-double-the-10-year-average/

FMC completes initial meetings with container lines in its review of how they are servicing US exporters

The US Federal Maritime Commission’s Vessel Operating Common Carrier (VOCC) Audit Program last week finished a first round of meetings with 11 shipping lines in its review of how key ocean carriers are serving US export shippers. The VOCC Audit Team is using these meetings to identify which ocean...

https://splash247.com/fmc-completes-initial-meetings-with-container-lines-in-its-review-of-how-they-are-servicing-us-exporters/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon