Airfreight rates still tumbling as soft market sparks early CNY factory closures
With factories already closing in China, ahead of next week’s new year holiday, airfreight rates on major routes have continued to decline.
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donavan626
- Jan 16
- 3 min
Little to cheer for liners as Chinese New Year approaches
Container indices are levelling out, but there is scant reason for optimism in the opening fortnight of 2023.
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donavan626
- Jan 9
- 2 min
China’s reopening seen as a positive for shipping
China’s reopening to the world over the weekend is seeing considerably more jet fuel about to be consumed
11 views0 comments
donavan626
- Dec 29, 2022
- 5 min
Shipping: 2022 in Review
As 2022 draws to a close we are taking a look back at some of the biggest stories that influenced shipping this year.
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donavan626
- Dec 28, 2022
- 1 min
Shipping hit by soaring cases of covid in China
Ships are backing up along the Chinese coastline as soaring cases of covid take out port staff.
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donavan626
- Dec 12, 2022
- 2 min
Forwarder cheer as restrictions on Hong Kong cross-border trucking ease
Covid restrictions on cross-border trucking between Hong Kong and mainland China were lifted today.
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donavan626
- Dec 5, 2022
- 3 min
'Dead cat bounce' – or a sign of hope – for air cargo carriers?
A contraction in global manufacturing in November is expected to keep short-term air freight demand low – but some analysts are beginning...
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donavan626
- Dec 1, 2022
- 2 min
Decaying demand sees China's ports building empty container mountains
Amid a “very quiet” end-of-year shipping season, empty containers are piling up at Chinese ports.
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donavan626
- Nov 28, 2022
- 2 min
Protests at China lockdowns spread, with supply chains looking vulnerable again
Anti-lockdown protests have broken out across multiple cities in China, and the fresh Covid-restrictions threaten supply chains again.
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donavan626
- Oct 31, 2022
- 2 min
Ocean rates still collapsing – carriers pin hopes on early Chinese New Year
Ocean carriers are continuing to blank consecutive headhaul sailings from China to North Europe and the US west coast
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donavan626
- Oct 19, 2022
- 2 min
New lockdowns in key Chinese transport hubs hobble supply chains again
Lockdowns in key Chinese port cities are again hampering supply chains, despite a “muted” peak season.
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donavan626
- Sep 13, 2022
- 2 min
Typhoon Muifa to shut China ports for second time in 10 days
Another typhoon has prompted the ports of Shanghai and Ningbo to close for the second time in 10 days
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donavan626
- Sep 8, 2022
- 1 min
Shanghai port opens giant empty container transportation centre
An empty container transportation centre has opened in Shanghai, the world’s largest container port.
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donavan626
- Sep 6, 2022
- 1 min
'Massive' typhoon disrupts ports and airports in Shanghai, Ningbo and Busan
Typhoon Hinnamor has forced the ports of Shanghai, Ningbo and Busan to close, further disrupting shipping schedules from Asia.
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donavan626
- Aug 31, 2022
- 2 min
Covid lockdowns return to key Chinese port cities
Covid lockdowns are ticking up in China again with neighbourhoods in key port cities such as Shenzhen and Dalian forced back home this...
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donavan626
- Aug 30, 2022
- 2 min
US-China spat set to squeeze capacity as air freight peak season takes off
reduced capacity could hit cargo markets even harder after the summer slack season
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donavan626
- Aug 22, 2022
- 2 min
Drought and power shortages bring crucial factories in China to a standstill
As container prices from China head south, drought and power rationing has triggered the closure of factories
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donavan626
- Aug 17, 2022
- 4 min
The plunge in dry bulk shipping: Ominous signal on China’s economy?
It wasn’t just container shipping that raked in the cash last year. Dry bulk shipping enjoyed its best year in a decade. This year is differ
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donavan626
- Aug 15, 2022
- 3 min
More blank sailings on the cards as ocean spot rates continue to tumble
Container spot rates are falling fast on all export routes from China in what should normally be the peak season for demand.
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donavan626
- Aug 12, 2022
- 2 min
China trade surplus under threat as peak season collapses and demand cools
China enjoyed a record $101bn trade surplus in July, but cargo volumes could soon decline
7 views0 comments
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