PSP Worldwide Logistics London Sea Archives - Page 11 of 13

Freight market report – December 2021

Supply chains have been struggling with congestion and disruption for close on two years and the new Omicron Covid variant is likely to unleash new challenges. With sustained demand for space and a lack of capacity on all major trade…

China freight market update

The critical Chinese port of Ningbo has returned to normal operation, while trucking operations in Shenzhen and Tianjin are now facing interruptions, due to COVID testing of drivers and Hong Kong air crew quarantines have slashed air cargo capacity. (more…)

World’s biggest container line to focus on largest shippers

One of the world’s leading container shipping lines, Maersk, has decided to focus on its largest volume customers, in a move that leaves many smaller shippers potentially exposed. It has been widely reported across the trade press, that Maersk has stopped…

Shipping line reliability drops to all-time low

Despite continuing global demand and freight rates breaking all records, vessel schedule reliability hit an all-time low in August and 30% to 40% of liner deliveries are failing, but the shipping lines are not waiving port storage and demurrage charges.…

Yantian disruption impacting terminals across the Pearl River Delta

The severe congestion that has been impacting Yantian for over two weeks is now worse than March’s Suez Canal blockage and has spread to Shekou and Nansha, with new testing rules for truck drivers creating even more disruption. (more…)

COVID closed Ningbo may reopen tomorrow

With congestion already impacting Shanghai, following Typhoon In-fa, the world’s largest port, Ningbo closed a key container terminal last Wednesday after a worker tested positive for COVID on Tuesday. (more…)

Ningbo container terminal fully open after COVID closure

The Ningbo-Meidong container terminal fully reopens today (25th August) two weeks after it was closed due to a single positive COVID-19 case and one week after cargo operations resumed on a limited basis. (more…)

Chinese ports reopen after Typhoon Chanthu

Already struggling to deal with delays and heavy congestion, container terminals in Shanghai and Ningbo, closed as Typhoon Chanthu made landfall in Zhejiang province on Monday, also forcing the closure of Shanghai’s two airports. Ningbo’s container terminals, which were closer…