Shanghai set to develop Hongqiao Airport – but not as a rival for Pudong
Shanghai plans to develop its domestic airport into a major international hub – but insists it won’t “fall into vicious competition” with Shanghai Pudong International…
Bangladesh frees up boxes and yard space – but it still may not help exports
Bangladesh is freeing-up hundreds of containers that have remained undelivered for years and occupy valuable space at Chittagong port and depots. Source: The Loadstar
Ever Given refloated after a week of blocking 357 ships in the Suez
The Suez Canal resumed operations on Monday after the 20,388 TEU Ever Given was re-floated overnight. While the vessel’s bow remained stuck on one side…
Asia-US air freight rates drop but stay firmer to Europe
Asia-US air freight spot prices have begun to fall in the weeks since Chinese New Year (CNY), but they appear to be holding relatively firm…
Container line schedule reliability at a record low for 6th month running
Container line schedule reliability plunged to just 34.9% in January 2021 as container carriers continued to grapple with a combination of a sharp surge in…
No sympathy for carriers from shippers who must foot the bill for bunker hikes
Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers already struggling with record high freight rates and additional…
Shippers could avoid costly D&D fees and shortages by using their own boxes
Shippers could ease their supply chain logjams, overcome box shortages and insulate themselves from huge demurrage and detention charges by using their own containers or…
Port of Los Angeles diverts ocean carriers to reduce cargo backlog
The port of Los Angeles will see some incoming containerships diverted to other US west coast ports in an effort to reduce the backlog of…
Three-four minute loss of propulsion led to Maersk Eindhoven losing 260 containers
A three-to-four-minute loss of engine power resulted in the Maersk Eindhoven losing 260 containers overboard and damage to a further 65 on deck in heavy…
‘It’s a juggling act’ say handlers as cargo congestion swamps Europe’s airports
Forwarders and other stakeholders are being urged to help stem the chaos at airports, as multiple hubs and handlers across western Europe face severe congestion,…