As spot container freight rates entered December, they also entered record-braking territory, climbing from USD 3,076 per FEU on the last day of November to USD 4,858 per FEU on first day of December. This was a milestone in its own way. Since then, al…
Container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, this is being driven by empty container repositioning issues rather than inadequate fleet. A…
Container equipment shortage due to logistics not fleet underinvestment Read More »
In 2020, exporters and importers using ocean transportation fought a seemingly constant battle to secure the freight capacity they needed, only to get burnt when they did on the cost side. As we write this opinion piece, several carriers have stopped t…
October has been the best performing month of 2020 in terms of US exports of the goods outlined in the ‘Phase One’ trade agreement between the US and China. Export values of these goods totalled USD 10.3 billion, breaking the previous high of USD 7.8b …
‘Phase One’ agreement boosts exports and doubles volumes from last year Read More »
As the third reporting year of the EU Regulation on the monitoring, reporting and verification of carbon dioxide emissions from maritime transport (EU MRV Regulation) and the second year of the similar IMO Data Collection System (DCS) on fuel consumpti…
Digital MRV and DCS reporting streamlines the verification process Read More »