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Category: Sea

Asia – UK rates rising

Fuelled by volume reductions, IMO 2020 surcharges, and demand ahead of Chinese New Year, sea freight rates from Asia to European ports will end 2019 on a high, and could increase further in the run up to Chinese New Year.…

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Felixstowe strike confirmed

Christmas strike action on the 27th and 28th December has been voted for overwhelmingly at the port of Felixstowe in a dispute over outsourcing. (more…)

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IMO 2020’s £40 billion bill

The shipping industry - and shippers - are braced for the largest ever regulatory change in the fuel sector, IMO 2020, forcing the shipping lines to invest heavily and they are determined to recoup their costs from shippers. (more…)

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Maersk support UK shippers, while blanking US

Maersk launches feeder to help UK shippers while blanking more Asia to US east coast sailings, because of slow volume demand. (more…)

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Carriers may blank voyages without notice

Demand for space on vessels from China continues its seasonal decline, but inconsistencies in blanked sailing announcements around China’s Golden Week have been criticised. (more…)

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Fines imposed for cargo mis-declaration

Container shipping lines including Maersk, Hapag-Lloyd, HMM and OOCL have introduced fines for dangerous goods mis-declaration, which many lines suspect are behind recent containership fires. (more…)

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Carriers act to project rates

It is going to be another challenging year for shipping lines and shippers. The PSP Logistics team consider the factors that will come into play and what it may mean for shippers. With economic indicators forecasting a slowdown in trade…

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