Coronavirus

Global sea freight latest weekly update

The leading container shipping lines believe that global port and inland infrastructure congestion could last until after the summer peak season and the blanked sailings keep on coming. The lines’ view is that supply chain disruptions are “temporary issues”, which would be resolved in the long-term, but they are warning of a “difficult” period leading

The current lockdown, yesterday’s budget and future ‘revenge spending’ will impact your supply chain and logistics strategy

Boris Johnson has set the country on a “cautious” road-map for restoring normal life and economic activity by June 21st, with government support for the economy for months to come. There are four main stages (see below) in the road-map for the lifting of coronavirus restrictions, running from the 8th March, through the 12th April (when shops

Q1 review & Q2 sea freight market report

Time never stands still in global logistics, and as we come towards the end of the first quarter of the year (Q1) and approach the second (Q2), we take a moment to reflect on how 2021 has started, and how we see the deep sea markets further adjusting and progressing as we move into the

Pandemic impacting Asia’s growth

The sustained threat of US tariffs through 2019 meant that supply chains were diverted away from China to factories in other regional economies. As the Covid-19 pandemic took hold in January 2020, factories closed, inventories fell and supply chains around the world began to stall. With manufacturing reduced in all but essential areas, because of

China overtakes US as EU’s biggest goods trading partner – but for how long ?

China is now the EU’s biggest trading partner, overtaking the US, as volumes of goods grew in both directions, propelled by sustained pandemic demand. As business with Europe’s major partners fell due to the COVID-19 pandemic, trade with China (import and export) was worth €586bn last year, rising €25bn in 2020, compared with €555bn worth

Air cargo capacity to remain constrained until 2023

In the absence of belly-hold capacity (passenger aircraft), big volume shippers are taking freighter and charter options, potentially affecting air cargo capacity available to some shippers and underlining the importance of the strength of partner carrier partnerships and of our time-sensitive sea/air solutions. Air cargo capacity is expected to remain constrained for some time, resulting

UK ports axed while Europe’s thrive

While the world’s biggest shipping lines grow weary of Felixstowe and the UK’s primary ports, due to continuing congestion wrecking their vessel schedules, Europe’s hub ports are strengthening their market positions through giant mergers, in moves that may actually benefit UK shippers. Over the past few months, shipping lines have increasingly refused to quote direct

Emirates launch sea-air product ahead of demand

Key Metro partner Emirates SkyCargo and DP World have launched a sea/air product, increasing the range of services we can offer, ahead of a likely post-lockdown demand surge. The Dubai-based companies are offering complementary sea/air services, which can expedite the transfer of containers from port to airport, accelerate cargo breakdowns and simplify paperwork in a

Vessel fuel prices jump, with BAF likely to follow

After a massive spike in fuel prices, in the run up to IMO 2020, marine fuel prices collapsed as the COVID pandemic took hold, but have been increasing rapidly in recent weeks, raising fears of BAF increases. The IMO’s global emissions regulations – IMO2020 – which impacted the global container fleet at the start of

Preparing for the vaccine effect

The UK’s rapid Covid-19 vaccination roll-out will undoubtedly help the economy bounce back and we are anticipating an upsurge in demand for air, sea and overland transport as confidence returns from the second quarter as lockdowns loosen and consumers are able to consume in the old fashioned way ! The economy is expected to shrink