MDS Transmodal

Industry struggles to navigate volatile market

An active and constantly changing market is proving tough for the industry to navigate as rates slide further and utilisation is falling, though month-on-month volume figures show slight increases.

With the Pacific contract negotiations in full swing, the carriers are desperately attempting to bolster failing spot rates on the most lucrative trade with capacity cuts.

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https://container-news.com/industry-struggles-to-navigate-volatile-market/

Container shipping facing uncompromising economic reality

Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be aggravated by the windchill factor blowing in from the States.

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https://container-news.com/container-shipping-facing-uncompromising-economic-reality/

US tariff wars are “all about China”

Donald Trump’s instigation of a second trade war with America’s key trading partners is all about stopping China, according to maritime analyst Xeneta.

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https://container-news.com/us-tariff-wars-are-all-about-china/

Vessel deliveries set to outpace growth in new year

Deliveries of new ships will double the excess capacity after Red Sea diversions have absorbed the vast swathe of new tonnage delivered this year, following the Houthi’s attacks on shipping passing close to its coasts.

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https://container-news.com/vessel-deliveries-set-to-outpace-growth-in-new-year/

Direct services are solution to congestion and capacity dilemmas

Shipping lines are extending their direct call services in an effort to absorb excess capacity and maintain schedules as port congestion in both Asia and Europe takes hold following the Houthi attacks on shipping.

Consultancy MDS Transmodal has conducted an analysis of vessel deployment and new services which reveals that carriers are deploying vessels in direct services with fewer port calls in an effort to avoid delays through congestion, helping them to maintain schedules better.

Analyst...

https://container-news.com/direct-services-are-solution-to-congestion-and-capacity-dilemmas/

Asian ports hit by Red Sea backlogs

The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning backlogs could also spread to European facilities.

Container ship diversions avoiding the Red Sea and Suez Canal are in a continuous state of flux, changing port calls and vessel sizes as carriers adjust Asia to Europe rotations to cope with demand.

These fluctuations, along with unexpected weather events and higher volumes, and holidays, including...

https://container-news.com/asian-ports-hit-by-red-sea-backlogs/

Maersk Joins Rivals In Softening Contract Conditions

Credit: shaah-shahidh-unsplash

Ocean carriers are tempting BCOs with a wide range of new, flexible, long-term contract options  after shippers complained of being “burned” by committing to rigid, says an article published on The Loadstar.

Long-term contract

Last year, shippers were presented with ‘take it or leave it’ fixed-rate long-term contract options by carriers against a backdrop of very strong demand and an acute shortage of equipment and vessel capacity.

Significant disadvantage

But as...

https://mfame.guru/maersk-joins-rivals-in-softening-contract-conditions/

Declining trade is testing shippers’ patience, pockets and commitment: Container market review

As global trade declined during the second half of 2022, in response to severe economic headwinds in many countries and the continued effects of the Covid-129 pandemic, the Global Shippers Forum (GSF)/MDS Transmodal Container Shipping Market Review reflected the impacts on the activity and fortunes of shippers of unitised goods in international trade.

The latest edition of the Container Shipping Market Quarterly Review published on 20 December, reports data from the third quarter of the year – a...

https://container-news.com/declining-trade-is-testing-shippers-patience-pockets-and-commitment-container-market-review/

Capacity restoration is key to crisis recovery, says Global Shippers Forum

Global Shippers Forum, the global trade body that advises shippers and cargo owners in the conduct of international trade, has conducted a study indicating that shippers have found alternative ways of getting their goods to market, while available container shipping services have reached their maximum point and service patterns have changed to serve congested routes.

In particular, global trade has continued to grow during the third quarter but with deployed container shipping capacity fully...

https://container-news.com/capacity-restoration-is-key-to-crisis-recovery-says-global-shippers-forum/

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