lockdowns

Vaccines: a shot in the arm for economies – and retail forwarders

The UK is among those countries looking forward to an economic rebound when lockdown finally comes to an end – alongside expected newfound consumer confidence following a (literal) jab in the arm. With an extra £125bn holed up in bank accounts, as consumers have been unable to consume much, the Bank of England is expecting a nice fillip for the economy. And forwarders are gearing up for an influx of …

The post Vaccines: a shot in the arm for economies – and retail forwarders appeared first on The...

https://theloadstar.com/vaccines-a-shot-in-the-arm-for-economies-and-retail-forwarders/

High Shipping Rates To Continue Despite New Lockdowns, Says Maersk

High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday.

A surge in demand from shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows and triggered a spike in the cost of moving goods around, says an article published in Reuters.

Container demand will continue

“There are simply not...

https://mfame.guru/high-shipping-rates-to-continue-despite-new-lockdowns-says-maersk/

GLOBAL & REGIONAL DAILY (Tuesday 5 January, 2021)

GLOBAL & REGIONAL DAILY (Tuesday 5 January, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

January 5  2021

Global Markets

Today’s focus is on the runoff elections in Georgia for two Senate seats that could have a major impact on US President Elect Joe Biden’s ability to pursue his policy priorities. UK PM Boris Johnson announced y-day a new lockdown until at least February 15, while German Chancellor Angela Merkel is reportedly expected to announce today an extension of the country’s lockdown until...

https://allaboutshipping.co.uk/2021/01/05/global-regional-daily-tuesday-5-january-2021/

GLOBAL & REGIONAL DAILY (Thursday 12 November, 2020)

GLOBAL & REGIONAL DAILY (Thursday 12 November, 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

November 12 2020

Global Markets

In a speech opening the ECB’s forum on Central Banking y-day, the ECB President adopted a dovish tone, reinforcing expectations for further policy stimulus at the December meeting. Meanwhile, core fixed income markets gained some ground early today and the EUR/USD stabilized slightly below 1.18, as market focus has shifted back to the expected impact of the lockdown measures...

https://www.allaboutshipping.co.uk/2020/11/12/global-regional-daily-thursday-12-november-2020/

New UK lockdown adds to pressure on transport firms training for post-Brexit

The UK government’s announcement of a month-long lockdown – in line with several other European countries – to try and stymy a second wave of the coronavirus pandemic has exacerbated problems for companies looking to prepare for Brexit.
A customs clearance operator told The Loadstar the news had led them to question their ability to sufficiently train staff in new, and as yet still not fully known, customs procedures before the end …

The post New UK lockdown adds to pressure on transport firms...

https://theloadstar.com/new-uk-lockdown-adds-to-pressure-on-transport-firms-training-for-post-brexit/

7 new cases, highest daily total + 3 more items

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7 new cases, highest daily total plus three more items

Good Morning Monaco    –    Thursday, October 15, 2020

Seven new cases of coronavirus among residents were reported in Monaco on Wednesday, October 14, the highest daily figure since the start of the outbreak.

French and MC partners extend and deepen digital pact

Underlining the importance of the event, HSH Prince Albert attended the signing on Wednesday of a cooperation agreement by France’s National...

https://www.allaboutshipping.co.uk/2020/10/15/7-new-cases-highest-daily-total-3-more-items/

Covid 19 Leaves 200,000 Seafarers Distressed and Stranded in Sea

Seafarers around the world caught up in what UN warns is a growing humanitarian crisis blamed for several suicides.  Stranded on ships, 200,000 workers struggle in coronavirus limbo, reports Aljazeera.

Indian ship worker Tejasvi Duseja is desperate to go home after months stranded offshore by coronavirus border closures and lockdowns that have left more than 200,000 seafarers in limbo.

Who are affected?

From engineers on cargo ships to waiters on luxury cruise liners, ocean-based workers around...

https://mfame.guru/covid-19-leaves-200000-seafarers-distressed-and-stranded-in-sea/

Port of Los Angeles needs to refocus as lost trade war volumes ‘won’t return’

The port of Los Angeles will suffer “permanent” volume losses from the trade war with China, says its executive director, Gene Seroka.
The ex-APL shipping veteran slammed the tariffs on Chinese imports and warned that the western hemisphere’s largest container port would need to reinvent itself.
“We’ve had two bad shocks to the supply chain,” Mr Seroka said during a MarineTraffic webinar on Tuesday.
“The first, the ill-advised tariff policies of our administration …

The post Port of Los Angeles...

https://theloadstar.com/port-of-los-angeles-needs-to-refocus-as-lost-trade-war-volumes-wont-return/

Sea-air and coastal shipping look more viable for cargo heading down under

Shippers should consider options such as air-sea cargo and coastal shipping to send goods to Australia and New Zealand.
According to CH Robinson, it’s vital to explore a variety of transport modes to keep supply chains moving.
Andrew Coldrey, CH Robinson’s vice president for Oceania, said: “The airfreight market is fluid and changing daily, therefore it may be beneficial for international goods to be transported using both air and ocean shipping.”
Indeed, forwarders …

The post Sea-air and...

https://theloadstar.com/sea-air-and-coastal-shipping-look-more-viable-for-cargo-heading-down-under/

Uncleared import boxes clogging India’s ports being used as ‘free warehousing’

There seems no end in sight to the congestion choking India’s ports.
According to the Container Shipping Lines Association of India (CSLA), tens of thousands of uncleared import containers are clogging supply chains amid the nationwide coronavirus lockdown.
CSLA executive director Sunil Vaswani said only 26,000 teu had been cleared from container freight stations (CFSs) near Mumbai’s Jawaharlal Nehru port, leaving more than 100,000 teu lying uncollected.
“Similarly, about 50,000 teu is lying …

Th...

https://theloadstar.com/uncleared-import-boxes-clogging-indias-ports-being-used-as-free-warehousing/

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