More direct calls avoiding the UK could reduce the nation to a feeder market

High levels of congestion at major container gateways have led to declining direct port calls by mainline Asia-North Europe vessels, and increased the likelihood that the UK could become a feeder market. 
Over the past few months, the ranks of deepsea vessels omitting direct calls and unloading UK-bound cargo at north-west continental Europe gateways have swelled, leaving UK forwarders scrambling to find ways to retrieve customers’ cargo.
This has led some to lament that the country would be …

Th...

https://theloadstar.com/more-direct-calls-avoiding-the-uk-could-reduce-the-nation-to-a-feeder-market/

Deadline day for English freeports – bids from ‘every major seaport operator’

The deadline for submission of bids to build and operate seven proposed freeports in England passes today, with as many as 40 bids understood to have been received by the UK Treasury. 
A further three freeports are planned for Scotland, Wales and Nothern Ireland. 
The government opened the bidding process in the middle of November, which meant a very tight window for ports and local enterprise authorities to form consortia and submit bids – a timeline that has been criticised within the...

https://theloadstar.com/deadline-day-for-english-freeports-bids-from-every-major-seaport-operator/

Asia-North Europe rates pass $10,000 – wait till it’s our turn, say forwarders

Record high spot rates from Asia to North Europe and predictions of huge hikes for annual contract rates could lead to a rush of cancelled orders for next year.
Retailers in Europe are already nervous about new partial lockdowns stymieing their sales, and the enormous sea freight rates and surcharges they are being billed is significantly adding to their concerns.
“We are certainly starting to see customers cancelling, as the rates are …

The post Asia-North Europe rates pass $10,000 – wait till...

https://theloadstar.com/asia-north-europe-rates-pass-10000-wait-till-its-our-turn-say-forwarders/

Bleak picture of financial exposure to major shippers from UK port congestion

The financial impact on the UK’s biggest shippers from the port congestion crippling the country’s container supply chains could amount to over £15bn ($19.7bn), according to new research.
Risk management firm Russell Group today released new analysis that shows the top 10 UK importers that use Southampton have a combined financial exposure to the congestion at the port of £3.88bn. The list is headed by BP, Shell and Tesco.
However, that figure …

The post Bleak picture of financial exposure to...

https://theloadstar.com/bleak-picture-of-financial-exposure-to-major-shippers-from-uk-port-congestion/

Congested UK Ports Leads To Soaring Freight Costs

  • A Retail Group based in London used to pay $2,000 to ship a 40-ft container to the UK and now they’re paying at least $8,000 up to $10,000.
  • Major shipping companies including Marseille-based CMA-CGM have told UK importers no more bookings can be made for ships sailing from Asia until the last week of December.
  • A ports analyst warned the end result could resemble the credit crunch of 2008 when importers’ lines of credit dried up.

Businesses say a global shipping crisis is causing freight...

https://mfame.guru/price-rises-likely-due-to-uk-shipping-problems/

2M Partners Swap Felixstowe for Liverpool for Transatlantic Loop

  • 2M partners Maersk and MSC are swapping Felixstowe for Liverpool on their TA2/NEUATL2 transatlantic loop from the end of the year.
  • The last sailing from Felixstowe will be by the 8,822 teu MSC Athens in week 51, with the first sailing from Liverpool by the 6,478 teu Maersk Sembawang planned for the following week.
  • The average weekly capacity on its three remaining strings has increased by 16.5%, to 19,800 teu, with the deployment of larger ships to compensate.

2M partners Maersk and MSC are...

https://mfame.guru/felixstowe-replaced-by-liverpool-for-transatlantic-service/

Maersk and MSC drop Felixstowe from transatlantic service and head for Liverpool

2M partners Maersk and MSC are swapping Felixstowe for Liverpool on their TA2/NEUATL2 transatlantic loop from the end of the year, in order to “provide stability to the service”.
The last sailing from Felixstowe will be by the 8,822 teu MSC Athens in week 51, with the first sailing from Liverpool by the 6,478 teu Maersk Sembawang planned for the following week.
“After careful evaluation of our network covering North Europe to/from …

The post Maersk and MSC drop Felixstowe from transatlantic...

https://theloadstar.com/maersk-and-msc-drop-felixstowe-from-transatlantic-service-and-head-for-liverpool/

Congestion problems at UK ports stacking up as rising imports drive delays

The congestion around the UK’s major container ports is showing few signs of abating, with forwarders today reporting more problems at Southampton.
Bad weather at the beginning of the week – heavy fog on Monday forced operations at Southampton to be temporarily suspended – has compounded the familiar issues of high import volumes, mounting stacks of empty containers and a shortage of haulage.
And truck turnaround times at the terminal have taken …

The post Congestion problems at UK ports...

https://theloadstar.com/congestion-problems-at-uk-ports-stacking-up-as-rising-imports-drive-delays/

Forwarders Urge EC To Intervene As Carriers Avoid Congested UK Ports

According to a Loadstar report, as carriers continue to leave import containers stranded at North European ports and charge exporters more than $5,000 to ship a box to Asia, the pressure is growing for regulatory intervention. 

And UK importers today face major challenges from the decision by Ocean Alliance members to divert five more vessels from Felixstowe to Zeebrugge in December.

Carriers Diverting from UK Ports

An advisory on Friday told UK customers that the Cosco Shipping Azalea, Ever...

https://mfame.guru/forwarders-urge-ec-to-intervene-as-carriers-avoid-congested-uk-ports/

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