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Asia | US news digest. 10 July

Is the shipping monopoly close to an end? It might not be that easy. 

Although consumer spending is the first factor to recover, the strained supply chains of the US continue experiencing low inventory levels consequently driving exceptionally strong freight imports. Experts state that even if the current record rates of retail spending ease in the coming months, the existing pattern will likely maintain the pressure on the capacity of the container shipping market. With the rates being guided by the unprecedented crisis in the industry, bars are elevated artificially, and the US government is planning to end these manipulations. FMC is calling on the Justice Department to investigate and fine ocean carriers charging shippers unreasonable rates and fees. The decision was not welcomed by some claiming that the matter was about weak pre-pandemic demand not incentivizing building new ships and had nothing to do with industry consolidation. The measures undertaken in the future will be focused on increasing competition in liner shipping. 


While the Stares are only planning to address the issue of marine monopoly, South Korea is deeply into it. However, Korea Shipping Association has joined the Korea Shipowners' Association in protesting the hefty fines the KFTC imposed on 12 local liner operators for fixing rates. The decision is supported by the statement that the fine fines will cause a heavy financial burden that could cause a second Hanjin Shipping crisis that the country had experienced in 2016. 


The lack of available tonnage has led to a slowdown of chartering activity. Fewer charterable ships mean carriers must buy vessels secondhand to increase near-term exposure to freight rates, and experts believe the shortage can be here to stay. Non-operating owners have been placing their vessels on multiyear charters, which means that there is a significant portion of the NOO fleet that will not be available in the charter market for years. In addition, in the light of the current context, more ships trade hands – values of ship assets have continued to rise across the board.


A major disruptor, wildfire in western Canada, is causing continuous delays through the supply chain to the Port of Vancouver. The rail challenges, where the railways provide on-dock service, also come at an inopportune time for the Port of Vancouver as it contends with a surge of container traffic. 


Meanwhile, some of North America’s ports indulge in a major expansion. In particular, at Port Houston and the Houston Ship Channel. Two of the projects, totaling $99 million, are for the port’s expansions at its Bayport Container and Barbours Cut terminals. Quebec’s plans for a $624m container terminal at Quebec City have run aground due to the environmental review. The federal government has blocked the project pushing to look for alternatives. The ports and carriers that are part of the South Atlantic Chassis Pool are teaming up to increase and upgrade the pool by adding up to 50,000 new high-tech intermodal chassis over the next 18 months. With companies going on a buying spree of newbuildings, Yang Ming is planning to follow suit and make orders of new container ships so far awaiting deliveries of nine 11,000TEU ships. For the time being, the Port of New York and New Jersey have another increase for total container volume in May, while rail volume broke its all-time monthly record. The total volume was 796,693TEU, which translates to a 48.2% increase. It is followed by the increase in imports and export empties.  


There is a new player in the development of the New Silk Road – Helsinki. Its position is a great location that can help it to become the next Eurasian gateway to Europe. It is already fulfilling the role of a hub having launched connections to Suzhou, Jinan, and Jiaozhou in addition to existing services. 


To address the problems that the shippers are facing in shipments of outbound containers from Chittagong, the government of Bangladesh has formed a taskforce. It has requested to arrange a common carrier agreement that may help to lower the export backlog of 14,000TEU of laden containers, which are lying at the ICDs.

 

The Port of Long Beach reports a 20.3% increase in moved TEUs in June 2021 that was driven mainly by imports and empty containers at the port. Empty containers moved through the port jumped 36% to 250,249 TEU. The authorities are anticipating e-commerce to drive much of the cargo movement through the rest of 2021 as retailers plan for a busy summer season. Beibu Gulf Port in Guangxi Zhuang Region also saw its TEU throughput increase by 22.29% year-on-year in H1 2021. The company has attributed the growth to the accelerated construction of the New International Land-Sea Trade Corridor.

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Asia | US news digest. 10 July
Need logistic

Need logistic for 40’ from ul. Marklowicka 30a; 44-300 Wodzisław Śląski (Poland) to Baku (Azerbaijan)

My mail ali.aliyev1109@gmail.com

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Ali, welcome to the MAXMODAL multimodal network. The company profile opens up more opportunities for you. How to create a profile - you can see here https://youtu.be/nYFDbNSleaY or specify the preferred time for showing the MAXMODAL possibilities during the week.

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Good day, Ali!

What company do you represent? Does your company have a MAXMODAL profile?

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Создание корпоративного профиля

Все больше участников создают профили своих компаний и размещают свои тарифы для последующего приема предварительных заявок. Сделайте первый шаг - создайте профиль своей компании

https://youtu.be/nYFDbNSleaY

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Создание корпоративного профиля
EU | UK news digest. 9 July

In the race for solutions in the rapidly changing market, it is particularly difficult to make decisions that will not make resonance and controversy. At least, the UK knows all about it. The pressure is increasing across all modes – even the promising one, rail.

To address the long-lasting drivers’ shortages, the UK government has decided to temporarily extend working hours for drivers and smaller hauliers. The move has faced a mixed reaction with some claiming it gives flexibility and others arguing that the initiative puts even more pressure on the already exhausted drivers. The authorities are also being involved in the discussion with Rail Delivery Group on the support for shifting freight from road to rail for a greener economic recovery. The post-crisis era will bring new congestion to roads, so the supporters of the shift believe that transition to rail will be the winning strategy. 

 

However, the European modal shift is facing some challenges. In the light of recent sanctions imposed on Belarus by the EU, the country has announced it will not wait for long to pay back. The looming threat of Belarus potentially banning the transit of EU products heading to China will hit such companies as Lithuanian Railways the most. Additionally, the missing part on the railway corridor from Russia to India risks remaining unchanged for longer as the Iranian government is hoping for other infrastructure through Armenia and Azerbaijan to take the reign in development. 

 

As for ocean freight, the reduced services will lead to the decreased revenues with experts predicting that the container volumes over the coming month would be around 20% lower. Demand is declining in large consumption regions such as Europe alongside a considerable scale of void sailings; however, overall, the maritime industry is doing whatever it takes to stay afloat. 

 

Moreover, it does not neglect sustainable development. Having joined the Hydrogen Europe, the Baltic Ports Organization has become a part of the group of almost 300 companies and national associations working towards decarbonizing the maritime sector. Hydrogen and hydrogen-based fuels have been recognized as one of the main means for achieving this objective. 

 

DP World’s Jebel Ali terminal in the United Arab Emirates was struck by an explosion and subsequent fire on July 7. The source of the blast was a small containership preparing to dock at the Jebel Ali container terminal. The satiation is still being assessed, but operations are running at 100%.  

 

Freight markets continue to be severely pressured across the ocean, air, and rail modes. For the ocean, the Q4 of 2021 has been announced the earliest potential period for slight improvements. In turn, air freight will soon have to deal with increased passenger flow that will affect capacity availability and rates. Despite its rigorous development, the situation on the rail frontier is still worrying due to the congestion along the Silk Road railway affecting schedule reliability and wagon shortages at crucial border points on the route between Belarus-Poland-Germany. 

 

A long-standing collaboration between Global freight forwarder body FIATA and the International Union of Railways has been facilitated by a Memorandum of Understanding regarding safety and security-related topics, digitalization, sustainability, and Eurasian corridor developments. It commemorates the joint effort of freight forwarders, rail transport domain around the world, including manufacturers, etc. 

 

DP World enhances its capabilities in Africa by making an offer to the African-focused logistics solutions provider, Imperial Logistics, to acquire all outstanding shares of the company for $ 890 million. In case of success, it will give DP World a strong, attractive footprint.

 

Expansions in the air market are also on the roll – Lufthansa Cargo is significantly growing its network with new opportunities. Amid to capture more of the e-commerce market, it is in the process of converting two A321s to freighters for intra-European operations. In addition, the company’s interest to drive its market capacity is guided by the decision to widen its business with a new carrier, Eurowings Discover.

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EU | UK news digest. 9 July
Пиломатериал

Здравствуйте. Нужно доставить пиломатериал сухой с 40H контейнером из Иркутска/Томск в Ю.Корея Incheon port. 500~2000 кубов в месяц.

+998914406667 whatsapp

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Добрый день. Позвоните на ватсап +992933000063

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Азизбек, добро пожаловать в мультимодальную сеть MAXMODAL. Профиль компании открывает больше возможностей для Вас. Как создать профиль - можно посмотреть здесь https://youtu.be/nYFDbNSleaY либо указать предпочтительное время для показа возможностей системы на неделе.

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LCL

Морская доставка сборных грузов из Китая в Украину

Прямой сервис без посредников.

www.zomaxsl.com

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LCL
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Николай, добрый день!

Не нашла Ваши тарифы. В каком корпоративном профиле можно будет посмотреть опубликованные тарифы?

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Николай, добро пожаловать в мультимодальную сеть MAXMODAL. Создайте корпоративный профиль и разместите свои тарифы, чтобы пользователи могли размещать предварительные заявки прямо в MAXMODAL. Как создать профиль компании - можно посмотреть здесь https://youtu.be/nYFDbNSleaY. А если у Вас останутся вопросы, то буду рад помочь Вам.

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Нужен вагон для логистики с Китая в Кыргызстан.

нужны доставить груз с Changzhou до Бишкека . Груз 102 куба. Характер груза медицинские товары.ТНВЭД коды 


2мл - 9018311009

5мл.- 9018311009

Система -9018905001

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Добрый день!

Какую компанию Вы представляете? У Вашей компании есть профиль в MAXMODAL?

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Asia | US news digest. 8 July

As soon as the Ever Given’s saga has come to an end and Yantian seems to have sighed with relief, Europe-China rail freight traffic is under a threat of being cut. Misfortunes never come singly? 

Keeping a sense of perspective when it comes to contract rates is almost impossible as they keep rising due to the strong demand in the U.S. Recent data demonstrates that the index for the State’s imports rose 9.3 and resulted in the benchmark being 36.9% higher than in June 2020. Experts state that no relief should be expected all the way into 2023-2024. This is extremely alarming especially when dwell times at the major ports in and around Shenzhen remain disruptively high. With Yantian no longer blocked, things do not seem to be improving – the sanitary measures could extend into the year, impacting seasonal shipments as far out as Christmas. However, such companies as Maersk cautiously resume the main lane’s services. 

 

In addition, ocean carriers have left the S&P containership market dry by outbidding one another to acquire tonnage to insulate themselves from increasing daily charter rates. Data reports that there are around 301 containerships, changed hands in the first six months of the year, as carriers and non-operating owners tried to take advantage of the disconnect between ship values and charter rates.

 

Chronic supply chain delays have been a burden for the U.S. ports lately, but not everything about them was negative – California law enforcement authorities have announced that a recent influx of illegal fireworks could have been worse. However, the ports are still struggling with a massive backlog and upstream capacity. 

 

Shortages are the recent plague of almost every industry. For instance, Ford is limiting or even stopping production at its multiple manufacturing facilities, affected with weeks of downtime, because of the global shortage of semiconductors. 

 

Another log in the fire is Belarus that wants to ban the transit of EU products going to China. Rail freight is going to be hit the hardest due to the imposed sanctions by the EU. Belarus promises to fire back with the same measures, although it is still uncertain whether the announced plans are going to be implemented or not. 

 

Meanwhile, rail does see further development with the latest UK service from Xi’an to the port of Immingham that will become available for eastbound services, increasing capacity. The uniqueness of the route is also justified by the fact that it reloads the cargo onto vessels from the port of Kaliningrad, rather than a western European port. 

 

Despite the continuous challenges, the market’s speed keeps going with the new deals. Samudera Shipping Line sells its feeder boxship Sinar Bima to an undisclosed third party for $12.5m as part of its fleet renewal plan. The company has made a strategic decision since due to its size and specifications, Sinar Bima is not the most efficient vessel for the sea routes that the group operates. Others follow suit and expand the assets – Seaspan Corporation has entered into long-term charters worth more than $1.5bn with ZIM for the LNG-powered containership newbuilds. TS Lines has become the latest carrier to sign for four ships with Shanghai Waigaoqiao Shipbuilding. NBOSCO gets in for a trio of 3,300 TEU newbuilds at Yangzijiang Shipbuilding. The fastest-growing container line in geographic terms this year, China United Lines, is planning to take its bow on the transpacific. It has ordered six new ships at Chinese yards to go alongside its existing 19 vessels.

 

In contrast with ocean freight, average global air freight rates went down by 10% in June compared with the year-to-date high seen in May due to a drop in average dynamic load factors that was reflected in price declines. If rates continue to decrease, they are expected to take capacity out of the market, although load factors and rates will stay elevated. 

 

Vietnam, being an exception to the current rather negative context of the countries’ supply chains, is experiencing a boom in trade. Unfortunately, it might not remain like that for long with the Southern commercial hub Ho Chi Minh City, the current ‘hotspot’, being under lockdown. 

Addressing the issue of driver and truck shortages, Geodis has acquired the assets of US freight brokerage firm Velocity Freight Transport, expanding its freight brokerage capacity in North America. It aims to expand its solutions offering in the region at a critical time.

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Asia | US news digest. 8 July
ЖД Сервис Шушары-Китай

Уважаемые коллеги!

Группа компаний Восход/ВМТ рада предложить Вам сервис по отправке контейнеров по маршруту Шушары (СПб) - Базовые станции Китая (Shanghai, Qingdao, Taicang) через наземный погран. переход Забайкальск.

Все подробности в нашем профиле.

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ЖД Сервис Шушары-Китай
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