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Latest industry related news items

Chinese port container volumes up 15% in H1 2021

27/07/21

In the past half year of 2021 container volume reported at all Chinese ports was 138.18m teus, an increase of 15% year on year.

Floods disrupt European logistics and supply chains

21/07/21

Severe flooding caused by violent storms have resulted in widespread disruption to logistics and manufacturing operations over the past few days in Western Europe, including in Belgium, Luxembourg, parts of the Netherlands, and western Germany.

High praise for Ever Given crew as vessel finally sets sail from Suez

08/07/21

The shipping industry has welcomed the news of the Ever Given’s departure at last from the Suez Canal to Rotterdam, where it is set to arrive next weekend.

Yantian back to normal tomorrow, but box backlog will take weeks to clear

29/06/21

Yantian International Container Terminal (YICT) says it will return to normal operations tomorrow, following weeks of disruption caused by an outbreak of Covid-19 among dockers at the port.

Early agreement reached in dispute over Ever Given cargo ship which blocked Suez Canal

24/06/21

The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a week earlier this year have reached an agreement in principle over their dispute with canal authorities, representatives from both sides said Wednesday. Stann Marine, the lawyers representing the vessel's owners and insurers, and a spokeswoman for the Suez Canal Authority both confirmed the development.

South China ports disruption triggers more than 130 omissions

22/06/21

More than 130 omitted calls and over 60 added calls have been noted for the period 23 May - 26 June due to low productivity and congestion caused by Covid-19 restrictions at South China ports.

Suez Canal Authority and insurers close to a deal on Ever Given compensation

22/06/21

The UK P&I Club and other insurers are close to an agreement with the Suez Canal Authority (SCA) for compensation following the stranding of the Ever Given in March this year.

Impact of Yantian disruption ‘exceeds the Suez incident’

15/06/21

Shipping and logistics insiders say the proportion of vessels affected is already greater than during the blockage of the Suez Canal in March and April, warning cargo owners to examine their contingency plans and that just-in-time supply chains may not work in the current environment.