Latest industry related news items
HMM discloses ‘megamax’ load factors on Asia to Europe maiden trips
The twelve brand new 24,000 teus megamax ships of HMM, introduced from May to September on the Asia - North Europe route, have averaged loads of around 19,500 teus on their respective maiden voyages from China and/or Singapore to Europe.
India's container crisis could last a further three months
India’s container shortage could last another three months, as congestion hits Colombo and shippers call for tighter regulation of freight rates. The acute space problem over the past few weeks was the result of increased demand, reduced imports and port rotation issues.
Port of Felixstowe congestion riles freight forwarders
An increase in container volumes during peak season, in the rush to beat China’s Golden Week holidays and technical issues with the Port of Felixstowe’s Vehicle Booking System (VBS), has resulted in severe congestion at the port.
Back-to-back typhoons and surging shipping demand have meant lengthy vessel delays for ocean freight out of Asia.
According to Resilience360, Typhoon Haishen made landfall south-east of Gangneung in South Korea on 7 September, following Typhoon Maysak, which struck near the port of Busan on 3 September with winds of 100 mph.