Category: China

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, ... Read more

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 manufa... Read more

The shortage of container ships and record-breaking freight rates has prompted some carriers to come up with new and creative alternatives. The continued demand for sea freight space, that started last May, and the ensuing volume crisis, caused by a shortage of vessel availability and empty co... Read more

The economic turmoil triggered by the continuing pandemic, has disrupted global container shipping through 2020, with port congestion battering the shipping lines’ schedules and wiping out reliability. Port congestion began in Asia, as the first Coronavirus waves passed last May and factorie... Read more

Shanghai and Yantian port disruption, refusal of heavy weight containers onto quay and the serious issue of drivers returning home ahead of CNY, due to Government enforced covid related travel restrictions are bad enough, and now the signs are the shipping lines will do everything possible to mai... Read more

2M’s Maersk and MSC will cancel four sailings from Asia during Chinese New Year, while THE Alliance will skip three Asia–Mediterranean services in late March and early April, in an effort to restore schedule integrity. The lines are insistent that the measures are necessary, with Maersk sa... Read more

Massive and continuing post-lockdown consumer demand has resulted in a lack of available space on vessels, shortage of empty shipping containers in Asia and congestion at destination ports, driving freight rates to levels never before experienced. Taking issues that have perplexed shippers sin... Read more

Optimism in signs that the equipment shortage crisis might improve after Chinese New Year, have been dealt a blow with the surprise announcement of blanked Asia to UK sailings, despite it being widely reported that carriers would not be using this tactic this year. 2M alliance members Maersk a... Read more

In a customer advisory last week we outlined the current situation and challenges in relation to the inbound ocean freight container trade from Asia (China, Far East, South East Asia and The Indian Subcontinent) into The UK and Europe. We highlighted the unprecedented challenges in Asia regard... Read more

As consumer demand for Asian-made goods rebounded in the second half of 2020, the shipping lines decision to remove capacity by idling vessels and stop replenishing container supplies, had an almost instant impact on freight rates with the unbalanced sea freight supply and demand equation driving... Read more

As Metro reported in last week’s supply chain bulletin, the availability of container equipment has become the primary supply chain issue for shippers and importers from China and Asia in general.  The lack of equipment is a key issue impacting both rates and supply chains across Asia, ... Read more

As the Asia peak season rumbles on and the carriers struggle to meet demand, cargo rollovers are increasing at the busiest transhipment ports. After a global decline in rollovers during September, the average container rollover rate at leading transshipment ports rose in October. This time ... Read more