Exporters beware: uncaring port operator’s ECIS-penalties will inflict more empty container woes on you

Pictured. Money. Lots of it. Photo: 3D Animation Production Company from Pixabay.

Exporters in New South Wales are bound to face a severe shortage of empty containers as the Empty Container Incentive Scheme at Port Botany increasingly and unnecessarily aggravates a short-supply.

There is a backlog of boxes to be unpacked and moved in New South Wales. This backlog was caused by the recent pandemic outbreak in NSW when Omicron ran wild. Infections caused a huge labour shortage in the stevedoring...

https://www.shippingaustralia.com.au/exporters-beware-uncaring-port-operators-ecis-penalties-will-inflict-more-empty-container-woes-on-you/

Empty Container Surge Symbolizes Shipping Industry For The Worst Crisis

  • Los Angeles inbound empty international containers have surpassed loaded volumes for first time since early 2019.
  • For the first time in the rail container volume index history, nonholiday empty containers outnumber the loaded container volumes heading into Los Angeles.
  • This occurred briefly at the beginning of 2019 around New Year’s when the trade war with China was escalating.
  • Empty international containers are controlled mainly by the maritime operators and can signal growth in import...

https://mfame.guru/empty-container-surge-symbolizes-shipping-industry-for-the-worst-crisis/

Container Shipping Contracts To Expect Highs Amid Season Surcharges

  • Shorter timeline to return containers amid Asia equipment shortage.
  • Peak season surcharges rolled out for more shippers.
  • Spot market activity expected higher as hedge against higher contract rates.

Companies negotiating annual container shipping contracts with shipping lines before the end of the first quarter can expect increases in peak season surcharges and decreases in allowable free time with the container, as shipowners gain leverage from increased demand, reports Platts.

Empty container...

https://mfame.guru/container-shipping-contracts-to-expect-highs-amid-season-surcharges/

How Shipping Lines Are Dealing With Empty Container Congestion at Ports

Ocean shipping lines are deploying sweeper and extra-loader vessels to Australia, at a high financial cost, to help clear the empty container build-up, reports Shipping Australia Limited. 

The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being given by ocean carriers to keep Australia’s supply chain functioning.

Congestion Limits Contracted Container Exchanges

Empty container congestion is now a...

https://mfame.guru/how-shipping-lines-are-dealing-with-empty-container-congestion-at-ports/