With the launch of AET’s Singapore-flagged very large crude carrier (VLCC) Eagle Veracruz, the Singapore Registry of Ships (SRS) has crossed the 100 million gross tonnage milestone.
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https://www.freightwaves.com/news/daily-infographic-container-ship-fleet-size
FedEx Freight is immediately cutting service to about 1,400 less-than-truckload customers, affecting thousands of locations, in an effort to reduce terminal bottlenecks and shipping delays as unprecedented amounts of tonnage pour into the sector.
The heavy trucking division of FedEx Corp. (NYSE: FDX) began notifying select manufacturers, retailers and logistics companies on Friday that it will stop picking up their goods as of Monday, leaving them virtually no time to make alternative shipping...
https://www.freightwaves.com/news/fedex-freight-prunes-1400-customers-to-protect-service-levels
Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global containership fleet commercially idle and not in dry dock has fallen to just 0.8%, reports The Loadstar.
Shortage of tonnageAnd according to the latest Alphaliner survey, the severe shortage of open tonnage is obliging potential charterers to significantly streamline the assessment process of candidates.
The consultant counted only 56 container vessels, for a capacity of 205,000 teu, as...
https://mfame.guru/carriers-grow-desperate-as-containership-percentage-falls-to-0-8/
According to a Loadstar report, as carriers continue to leave import containers stranded at North European ports and charge exporters more than $5,000 to ship a box to Asia, the pressure is growing for regulatory intervention.
And UK importers today face major challenges from the decision by Ocean Alliance members to divert five more vessels from Felixstowe to Zeebrugge in December.
Carriers Diverting from UK PortsAn advisory on Friday told UK customers that the Cosco Shipping Azalea, Ever...
https://mfame.guru/forwarders-urge-ec-to-intervene-as-carriers-avoid-congested-uk-ports/
According to a Safety4Sea report, cargo traffic via the Panama Canal increased by a less than expected 1% during this year, as the coronavirus pandemic affected global trade.
https://mfame.guru/1-cargo-increase-in-2020-as-lockdown-effects-panama-transit/
According to an article published in The...
https://mfame.guru/hmms-idle-tonnage-hits-a-new-high-due-to-global-inactivity/
According to a recent statement, the Port of Corpus Christi ended 2019 with record tonnages for December, with 13.8 million cargo tons. What is more, the entire year recorded 122.2 million cargo tons; a 16-million-ton improvement over 2018 tonnages.
Namely, the growth is due to increases in energy exports of crude oil and liquefied natural gas (LNG). Growth in crude exports is primarily the result of two new crude pipelines from the largest energy producing fields in the United States, the...
https://safety4sea.com/port-of-corpus-christi-reports-record-year-for-2019/
