PSP Worldwide Logistics London Supply Chain Archives

Renewed threat to Red Sea container shipping

The security of container shipping via the Red Sea for the Suez Canal faces renewed uncertainty after Houthi militants issued a warning that attacks on vessels could resume within days. The ultimatum, delivered in a televised address on 8 March,…

Sea Freight Capacity Crunch Looms from Asia to US

A wave of blank sailings is set to severely disrupt container traffic from Asia to the US East Coast, slashing available capacity by as much as 42% in early May. The container shipping lines are reacting swiftly to plummeting demand,…

Red Sea ceasefire has challenges for carriers

The reopening of the Red Sea route following a fragile ceasefire agreement in Gaza offers renewed hope for a return to the Suez Canal routing, but it also raises significant operational and capacity challenges. Houthi assurances to limit attacks on…

Chinese New Year 2025: Challenges and solutions

Celebrated from 29th January to 4th February in 2025, CNY or Lunar New Year is a time of joy and tradition for millions. For global supply chains, however, it signals weeks of disruptions as factories shut down, ports operate at…

European ports face delays as Asia congestion disrupts supply chains

European ports, including key UK hubs, are experiencing significant congestion, driven by delays at major Asian ports and a surge in vessel arrivals ahead of the pre-Lunar New Year rush. This disruption, coupled with ongoing capacity challenges and high yard…

Threat of January US East coast port strike lifted

The looming threat of a disruptive port strike across 40 U.S. East and Gulf Coast ports has been lifted after the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced a provisional six-year master contract agreement on…

East-West blank sailings

The global ocean freight market is facing significant adjustments as carriers announce widespread blank sailings from Asia to Europe and North America. Over the next five weeks, 48 cancellations have been confirmed, impacting schedules on Transpacific, Transatlantic, and Asia-North Europe…

Spot rates from China and Asia climb new peaks

Spot rates to Europe, measured by the Shanghai Containerised Freight Index (SCFI), have risen nearly 13% in the last week, taking them above their January peaks, with momentum continuing to be strong given the current tight space situation and further…