El crecimiento de la demanda de la carga aérea ha mantenido el impulso en los talones de un sólido 2024, pero podría reducirse hasta dos tercios a medida que el mercado se normaliza y las condiciones comerciales se vuelven menos favorables, dicen los analistas. Pero incluso el crecimiento del 4%,...
Lunar New Year
Airfreight outlook remains bright to start new year
Air cargo demand growth has maintained momentum on the heels of a robust 2024, but could be cut by up to two-thirds as the market normalizes and trade conditions turn less favorable, analysts say. But even 4% growth, on the low-end of projections, would be considered a solid year by most industry stakeholders.
Global volume and rates have eased in the first two weeks of January, reflecting the post-holiday seasonal decline since the end of peak shipping activity in early December. But industry...
https://www.freightwaves.com/news/airfreight-outlook-remains-bright-to-start-new-year
Shanghai container freight futures point to declining rates in 2025
Launched in August 2023, the Shanghai INE EC container freight futures contract, based on the SCFI’s China – North Europe sub-index, managed to find its footing in 2024, gaining increasing acceptance as a hedging tool among Chinese as well as some first European forwarders and shippers.
Shanghai container freight futures started 2024 at around 1,850 index points. One volatile year later, it looks like the market is back to square one, with market participants asking the same question as last...
https://container-news.com/shanghai-container-freight-futures-point-to-declining-rates-in-2025/
What a difference a year makes
Red Sea diversions were in their infancy in January last year and followed a series of major industry challenges, including the pandemic, the Ever Given crisis, the US/China trade dispute, the Panama Canal drought and, last but not least, the Ukrainian war.
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Hapag-Lloyd CEO predicts early peak season for ocean shipping
Hapag-Lloyd’s annual report for 2023 and financial results for Q4 reveal exactly how challenging the ocean container market has been for the largest steamship lines. The report, which the German container ship line released Thursday, notes that Liner Shipping revenues dropped 48.5% to 17.7 billion euros ($19.2 billion) from 2022 to 2023, and earnings before interest, taxes, depreciation and amortization fell by 77.1% to 4.4 billion euros over the same period.
The ocean carrier grew its volumes...
https://www.freightwaves.com/news/hapag-lloyd-ceo-predicts-early-peak-season-for-ocean-shipping
Lunar New Year 2023 Around The World
From Indonesia, Panama, Vietnam to Australia, families ring in the year of the rabbit
Denpasar, IndonesiaA Chinese-Indonesian man prays during a Chinese New Year celebration
Bangkok, ThailandYoung acrobats form a human tower during a performance on the eve of lunar new year
D...
Check Call: Year of the rabbit
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.
Inside this edition: It’s time for Lunar New Year stoppages; rent is on the rise; and big promotions in the logistics world.
This weekend marks the beginning of Lunar New Year, the celebration of the arrival of...
https://www.freightwaves.com/news/check-call-year-of-the-rabbit
Port of Long Beach has best January on record
The Port of Long Beach began 2021 the same way it ended 2020 — by setting records.
The port reported this week it just had its best January on record, moving 764,006 twenty-foot equivalent units (TEUs), a 21.9% jump from the same month last year. It was the first time the nation’s second-busiest seaport handled more than 700,000 TEUs in the month of January, surpassing the previous record set in January 2018 by a whopping 106,176 TEUs.
During his State of the Port address on Thursday, Executive...
https://www.freightwaves.com/news/port-of-long-beach-has-best-january-on-record
Fuel Premiums Run Astray Despite Approaching Holidays
The delivered premium of the very low-sulphur fuel oil (VLSFO) bunker grade to its cargo price assessments in Singapore is largely rangebound, writes Sammy Six for Argus Media.
The premium remains flat despite the fast-approaching lunar new year holiday and additional COVID-19 measures imposed on the maritime industry.
Bunker fuel availabilityThe availability of bunker fuel in Singapore has been tightening somewhat over the past week, with suppliers indicating the earliest delivery for larger...
https://mfame.guru/fuel-premiums-run-astray-despite-approaching-holidays/
Commentary: Breaking the backbone of trade
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Just when the congestion at the ports couldn’t get any worse, China’s latest maritime measure to control the spread of the coronavirus ahead of the Lunar New Year is going to add to the clog of containers. The proof is in the flow of containers.
At the beginning of December, U.S. exporters like Scot Courtright, owner of Courtright Enterprises Inc. in Moses Lake,...
https://www.freightwaves.com/news/commentary-breaking-the-backbone-of-trade