VesselsValue

Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay offer from port operator Hutchinson Ports. Felixstowe is one of the UK’s top container ports and a critical hub in the region’s logistics network. Any disruption will be a key risk factor in near term planning decisions of supply chain managers everywhere, from Wick to Woolacombe.

As shown in the following figure, Felixstowe has handled 713 container vessels in...

https://container-news.com/felixstowe-strike-poses-challenge-to-supply-chains/

Record prices for container newbuild vessels

Boxship newbuilding prices are hitting new all-time highs, as container freight levels show no sign of a substantial correction anytime soon.

VesselsValue shows that on 9 June, Japanese tonnage provider Doun Kisen ordered a pair of 23,000 TEU ships at compatriot Imabari Shipbuilding for US$255 million each.

It is not known who will be the charterer of the ships, although Doun Kisen has similar ships on charter to MSC, which has been expanding its fleet aggressively.

In comparison, a similar ship...

https://container-news.com/record-prices-for-container-newbuild-vessels/

Russia’s economic isolation deepens as shipping lines make final port calls

Russia container shipping

Russia’s ocean container imports continue to collapse as shipping lines wind down the last remnants of their services to the country’s ports.

Russia — now effectively a pariah within Western logistics circles — still has cargo import options. Yet the loss of virtually all of its ocean shipping links makes obtaining consumer goods and components much more difficult.

Elvira Nabiullina, Russia’s Central Bank chairwoman, recently warned that the range of consumer goods available in her country is...

https://www.freightwaves.com/news/russias-economic-isolation-deepens-as-shipping-lines-make-final-port-calls

Car Carrier Bidding Wars Spark All Time Rates Boom

Using VesselsValue data, Dan Nash, Head of RoRo, explores the current landscape of the Car Carrier sector after long term recovery from Covid-19, looking at record high rates and a surge in demand. This article highlights China taking the lead in the Car Carrier market, and the increase in commodity costs in the aftermath of Russia’s invasion of Ukraine.

“Focussing on global fleet supply, 5 consecutive years of low orders from 2016, combined with over exuberant scrapping activity by shipowners...

https://allaboutshipping.co.uk/2022/03/30/car-carrier-bidding-wars-spark-all-time-rates-boom/

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