Global Shippers’ Forum

Congestion is not just for Christmas

Congestion is not just for Christmas

James Hookham, GSF’s Director

Shippers across the globe might have to battle the effects of supply chain congestion and record high ocean freight ratees for some time to come. The question remains – when will they get relief?

The wave of congestion that is sweeping through global supply chains delaying deliveries of seasonal goods and essential commodities, stranding many shippers between meeting impossible delivery deadlines while paying record shipping rates...

https://allaboutshipping.co.uk/2021/11/15/congestion-is-not-just-for-christmas/

$6bn annual cost of not knowing the danger from what’s in your containers

Poorly packed containers and shipper misunderstanding of the dangers of some non-hazardous cargo could result in more than $6bn in annual damages to the supply chain.
Leading freight and transport insurer TT Club has renewed its call to shippers and other cargo interests to “take responsibility to ensure the risks are mitigated”.
It said its “analyses consistently indicate that two-thirds of incidents related to cargo damage are caused or exacerbated by poor …

The post $6bn annual cost of not...

https://theloadstar.com/6bn-annual-cost-of-not-knowing-the-danger-from-whats-in-your-containers/

Spot rates hit unprecedented highs from Asia to Europe

Spiking freight rates have surged by 25% on the Asia to North Europe and the Mediterranean over the last week and now stand at triple the levels seen at the end of October according to the Freightos Baltic Index (FBX).

Meanwhile, on the Pacific freight rates dipped 7% to the US West Coast and 8% to East Coast ports, over the past week according to Freightos CMO Ethan Buchman. Rate levels were still more than double the levels of a year ago.

Regulators in China and the US have worked to keep a lid...

https://container-news.com/spot-rates-hit-unprecedented-highs-from-asia-to-europe/

New container trade review highlights rising costs and declining service

Container shipping lines are making better margins than ever, according to new research, which suggests that while customers face escalating freight rates, carrier operating costs have been declining.
The Container Shipping Market Quarterly Review, published by UK consultant MDS Transmodal in conjunction with the Global Shippers Forum (GSF), is a new container market monitor which assesses the state of the market by eight indicators: trade volumes; shipping capacity; capacity utilisation;...

https://theloadstar.com/new-container-trade-review-highlights-rising-costs-and-declining-service/

Call for All Inclusive Ocean Freight Rates Amidst Carrier Surcharges

The Global Shippers’ Forum (GSF) is backing India’s push for “all-inclusive” ocean freight rates, claiming carrier surcharges disproportionately impact cargo owners in developing countries, reports the LoadStar. 

All Inclusive Rates To Benefit?

Last week, Indian carriers and forwarders criticised the government’s plan to remove carriers’ ability to levy surcharges, arguing it would be unlikely to reduce costs and could put local exporters at a competitive disadvantage.

However, the GSF claimed...

https://mfame.guru/call-for-all-inclusive-ocean-freight-rates-amidst-carrier-surcharges/

GSF backs India’s call for return to ‘all-inclusive’ ocean freight rates

The Global Shippers’ Forum (GSF) is backing India’s push for “all-inclusive” ocean freight rates, claiming carrier surcharges disproportionately impact cargo owners in developing countries.
Last week, Indian carriers and forwarders criticised the government’s plan to remove carriers’ ability to levy surcharges, arguing it would be unlikely to reduce costs and could put local exporters at a competitive disadvantage.
However, the GSF claimed all-inclusive rates would bring “great benefit to...

https://theloadstar.com/global-shippers-forum-pushes-for-return-to-all-inclusive-ocean-freight-rates/

Cargo safely secured? Check

An international push continues for the adoption of safe cargo-packing practices to avoid the loss of billions of dollars worth of goods and equipment annually in preventable accidents.

Five international freight transport and cargo-handling organizations collaborated on the newly released CTU Code: A Quick Guide, which condenses their advice on the packing of all types of cargo into 13 pages, and the Container Packing Checklist, which itemizes requirements for the packing of multimodal freight...

https://www.freightwaves.com/news/cargo-safely-secured-check

Shipping’s customers and suppliers demand EC rethinks BER extension

The liner shipping industry’s block exemption from EU competition law has come under renewed attack from the sector’s customers and suppliers.
A joint submission from freight forwarding association CLECAT, port operator group FEPORT, rail group UIRR, barge operators’ association EBU and shipper representatives Global Shippers Forum and European Shippers Council calls on the EC to reconsider extending the Block Exemption Regulation (BER) until April 2024.
“Not only has the commission largely...

https://theloadstar.com/shippings-customers-and-suppliers-demand-ec-rethinks-ber-extension/

Shippers’ forum puts forward new criteria for EC liner consortia block exemption

As the EC continues to deliberate whether the liner shipping industry should enjoy a further four years of exemption from consortia legislation, the Global Shippers Forum has called on regulators to change how they evaluate alliances and their effect on the market.
The Block Exemption Regulation (BER) container shipping lines have enjoyed since 2014 was set to expire in April and, in the run-up to the deadline, the EC has been …

The post Shippers’ forum puts forward new criteria for EC liner...

https://theloadstar.com/shippers-forum-puts-forward-new-criteria-for-ec-liner-consortia-block-exemption/

GSF: 10 tips for sulphur-surcharged shippers

With the official implementation of the 2020 sulphur cap, the Global Shippers Forum (GSF) launched advice, assisting importers and exports who will have to deal with the demands for surcharges from shipping lines seeking to cover their costs of compliance.

The Forum issued a “Top 10” list on what industry should keep in mind when negotiating for 2020 contracts. Specifically:

  1. It’s a discretionary charge not a mandatory tax
  2. Buying (more expensive) Low Sulphur Fuel is not the only option
  3. Don’t lock...

https://safety4sea.com/gsf-10-tips-for-sulphur-surcharged-shippers/

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