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Colombo port congestion: 50,000 teus logjam drives delays and rate hikes

Colombo port congestion: 50,000 teus logjam drives delays and rate hikes

02/12/20

A backlog of 50,000 teus at the port of Colombo is causing chaos for South Asian transhipment cargo. The capital of Sri Lanka has been under a Covid-lockdown for the past couple of weeks, while a labour shortage at the city’s container terminals has caused congestion since early October.

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UK lags behind in Europe's 'two-speed' ocean logistics market

UK lags behind in Europe's 'two-speed' ocean logistics market

02/12/20

Europe has become a ‘two-speed’ ocean logistics market with continental Europe managing heavy fourth quarter import flows far better than the UK, according to Christoph Baumeister, Trade Manager Far East-Europe, at Flexport.

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Container shortages the biggest disrupter: where are all the empty boxes?

Container shortages the biggest disrupter: where are all the empty boxes?

02/12/20

Some container vessels have been sailing from Asia to Europe under-utilised in recent weeks due to an acute shortage of empty boxes.

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UK port congestion means boxes may be stranded for weeks – The Load Star

UK port congestion means boxes may be stranded for weeks – The Load Star

25/11/20

‘UK container imports offloaded at Antwerp, Rotterdam and Zeebrugge could be stranded for weeks before they can be relayed back, potentially missing out on the Christmas market.

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Container volume at major Chinese ports up 7% in late October

Container volume at major Chinese ports up 7% in late October

18/11/20

The container volume at the eight major Chinese ports increased 7% year-on-year in late October.

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OOCL places orders for another seven 23,000 teus ships

OOCL places orders for another seven 23,000 teus ships

11/11/20

Orient Overseas (International) Limited (OOIL), parent company of the ocean carrier OOCL and part of the China COSCO Group since 2018, on Monday disclosed another set of orders for 23,000+ teus ‘megamax’ container ships.

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UK importers scramble to find container haulage as carriers skip congested ports

UK importers scramble to find container haulage as carriers skip congested ports

11/11/20

UK shippers have been hit by a further series of container shipping ad hoc capacity contractions as a number of vessels recently skipped UK port calls or reduced their time at berth.

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Cosco confirms more super-sized boxship orders

Cosco confirms more super-sized boxship orders

04/11/20

COSCO Shipping has confirmed orders for seven 23,000 teu containerships worth $1.1bn in total.

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