Good news, bad news ‘and even worse news’ from congested Euro ports

The knock-on effects of the blockage of the Suez Canal is likely to impact North Europe supply chains until June.
Container hub ports that used the week-long lull from ship arrival delays to prepare their landside facilities for the box onslaught are now “full to the brim”, according to a carrier source.
Container lines have discharged Asian imports wherever they can to turn ships around in North Europe as quickly as possible …

The post Good news, bad news ‘and even worse news’ from congested...

https://theloadstar.com/good-news-bad-news-and-even-worse-news-from-congested-euro-ports/

Box shortages and port congestion now an ‘industry-wide challenge’ across Asia

Equipment shortages in Asia will get worse over the next two weeks, say carriers, impacting both deepsea and intra-Asia trades.
Maersk has told customers the strong cargo demand out of Asia Pacific would likely continue throughout the second-quarter, but…
“Schedule reliability is impacted by two main factors: recent delays from Europe via Suez Canal; and lower port productivity, especially on transpacific and European trade routes,” the company added.
As a result, the shortage …

The post Box...

https://theloadstar.com/box-shortages-and-port-congestion-now-an-industry-wide-challenge-across-asia/

‘Passport to Kent’ scrapped as delays fade thanks to ‘prepared’ hauliers

Post-Brexit traffic management measures on roads to Dover have been stood down, with the controversial Kent Access Permit (KAP) the first to go, amid claims of improved trade and minimal disruption.
The Department for Transport (DfT) said the KAP was no longer required and the moveable barrier on the M20 has been removed, as “delays have been prevented thanks to hauliers arriving at the border prepared”.
It added: “Industry compliance with the …

The post ‘Passport to Kent’ scrapped as delays...

https://theloadstar.com/passport-to-kent-scrapped-as-delays-fade-thanks-to-prepared-hauliers/

Snapshot: Jubilant shipping lines set for record ’21 – but it won’t last forever…

The numbers for the liner industry are in and boy did it have a vintage year – the best that Drewry has records for, according to the consultant’s Q1 ’21 forecaster.

It estimates – and I think we can be pretty confident in the figures at this point – a 2020 ebit for the industry at $26.6bn, with the...

https://theloadstar.com/snapshot-jubilant-shipping-lines-set-for-record-21-but-it-wont-last-forever/

Imperial Logistics gets leaner as it sells S America shipping business

Imperial Logistics has taken another step in its bid to “get fitter”, by rationalising its sprawling businesses, with the sale of its South American shipping arm.
Brazilian inland waterways company Hidrovias do Brasil has bought the 90-vessel operation, which reportedly saw revenues of $36m for the year ending 30 June and ebitda of $9.4m.
The deal was for $90m, with, interestingly, an earn-out of up to $5m based on water levels over …

The post Imperial Logistics gets leaner as it sells S America...

https://theloadstar.com/imperial-logistics-switches-focus-to-africa-as-it-sells-s-america-shipping-business/

Anthony Jordan steps up to become EVP and COO for Geodis in the Americas

Geodis has promoted Anthony Jordan (pictured above) to executive vice president and chief operating officer of the Americas region.
Mr Jordan was most recently senior vice president and head of market line operations in the region.
“Throughout Anthony’s 15-year tenure at Geodis, he has proved himself a true logistics professional who has played an instrumental role in supporting our company’s growth,” said Mike Honious, Americas president and chief executive.
“Anthony has been an …

The post Antho...

https://theloadstar.com/anthony-jordan-steps-up-to-become-evp-and-coo-for-geodis-in-the-americas/

Rasmus Frandsen is Bertling’s new director of US business development

German project cargo forwarding specialist Bertling Logistics has appointed Rasmus Frandsen (pictured above) as director of business development at its Houston office.
He joined Bertling from Intermarine, where he started his shipping career in 2013 and subsequently worked in a variety functions, including a two-year stint in Malaysia before relocating to Houston in 2016 where he was chartering manager for the past four years.
“Rasmus will boost our commercial activities in North …

The post Rasmu...

https://theloadstar.com/rasmus-frandsen-is-bertlings-new-director-of-us-business-development/

Ever Given: arrest and GA – what happens to vessel and cargo next?

The Suez Canal Authority’s decision to arrest the Ever Given, following the six-day closure of the waterway, as leverage for its $916m insurance claim against the vessel owner, is likely to further delay the General Average process.
Jose Guerrero, president of independent claims consultancy Virtual Claims, told The Loadstar one of the key elements of GA was that “the goods and the ship must successfully reach the destination, otherwise, there is no …

The post Ever Given: arrest and GA – what...

https://theloadstar.com/ever-given-arrest-and-ga-what-happens-to-vessel-and-cargo-next/

US consumer demand for services not goods will keep freight rates high

Consumers in the United States, and the country’s low retail inventories, could keep freight rates elevated, even post-pandemic.
According to Alan Murphy, CEO & partner at Sea-Intelligence, a resurgence of consumer spending on services in favour of physical goods, won’t necessarily put a dent in the record freight levels seen during the Covid-crisis.
He said, during today’s TOC Asia webinar: “When US consumers can move their spending back to services, they’ll take …

The post US consumer demand...

https://theloadstar.com/us-consumer-demand-for-services-not-goods-will-keep-freight-rates-high/

Carriers need to box clever with equipment as new and used prices soar

Ocean carriers are doing whatever it takes to hold onto chartered ships, and are investing heavily in container control systems to maximise their box fleets.
During a press briefing this month, Hapag-Lloyd chief executive Rolf Habben Jansen said current market conditions had increased container usage time by some 20%, compared with pre-pandemic.
“In reality, this means you need about 20% more boxes to transport the same amount of goods,” he said.
Notwithstanding increased …

The post Carriers...

https://theloadstar.com/carriers-need-to-box-clever-with-equipment-as-new-and-used-prices-soar/

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