Shipping Lines Halt Container Bookings and Impose ‘Work Disruption Surcharge‘ ! A number of ports on the US East Coast and Gulf Coast are actively announcing their contingency plans in preparation for the dockworkers’ strike expected to take place on October 1st. In order to minimise the potential impact of the strike, these ports plan…
A cargo barge collided with the Willems Bridge in Rotterdam, causing five containers to fall into the Maas River. This is the second inland cargo vessel collision with a Rotterdam bridge this year, leading to a major disruption of the busy river traffic. The collision occurred around 8:45 AM local time on Wednesday, September 11….
The Office of the U.S. Trade Representative (USTR) said that effective September 27, tariff rates on Chinese-made electric vehicles will be increased to 100%, solar cells to 50%, electric vehicle batteries, key minerals, steel, aluminum, masks, and shore bridges to 25%, and tariff increases on other products, including semiconductor chips, will also take take effect….
In 2025, global shipping alliances will undergo significant changes, forming a new competitive landscape. The main shifts include the dissolution of the 2M Alliance, the independent operations of MSC, and the establishment of new alliances and cooperation agreements. [Dissolution of the 2M Alliance]The 2M Alliance, formed by Mediterranean Shipping Company (MSC) and Maersk, will officially…
On September 2, a severe oil spill occurred at the Port of La Luz in Gran Canaria, Spain. During a refueling operation, approximately three tons of very low sulfur fuel leaked into the sea from a cargo ship, creating a large oil slick that quickly spread, leading to the closure of several beaches. The oil…
Logistics are hindered, and there is severe cargo backlog at ports! The International Longshoremen’s Association (ILA) on the U.S. East and Gulf Coasts and their employer, the United States Maritime Alliance (USMX), have yet to return to the main contract negotiation table. The ILA recently held a two-day Wage Scale Delegates Convention, during which they…
The recent severe weather has indeed had a serious impact on international logistics, especially in Europe and the Americas. As you mentioned, these extreme weather conditions have not only affected land transportation but also caused losses to container ships at sea. The incident involving the MSC Antonia is particularly noteworthy. On August 28, this Liberian-flagged…
According to foreign media reports, a “freight rate war” is currently taking place on the Asia-to-U.S. West Coast route. Emerging shipping companies, which have recently joined the trans-Pacific route, are offering lower prices to attract market share, forcing established shipping companies to reduce their rates to retain customers. According to this week’s report from Linerlytica,…
As the China National Day Golden Week approaches, weak demand has prompted shipping companies to fear another plunge in spot container freight rates. In response, they have canceled several export sailings from Asia to Europe and the U.S., adjusting their capacities. According to the latest assessment report from Drewry, between September 2 and October 6,…
Recently, UPS announced that starting from September 15, an “overweight fee” policy will be implemented for imported goods shipped from ten countries/regions, including China, to the United States, in response to the growing logistics costs and global supply chain challenges. Specifically, UPS will impose an additional charge of $0.25 per pound on all shipments from…
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