2022 November 15
Belarus’ exports via Russian ports
Unable to export its cargo via the ports of the Baltic states, Belarus has redirected its cargo flows to the ports of Russia. According to information obtained by IAA PortNews, oil products flow via Great Port of Saint-Petersburg while fertilizers are distributed among ports in various sea basins, as expected. Such a logistics reduces the competitiveness of Belarus’ exports.
2022 November 29
Warning of container shipping rate war ahead
Container shipping could be headed into a prolonged rate war as cash rich carriers battle falling demand and a sharp increase in supply...Warning of container shipping rate war ahead
2022 November 25
Asia – Europe container spot rate plunge continues
Containers spot freight rates on the Asia – Europe trade have continued to crumble over the last week...Asia – Europe container spot rate plunge continues
Chinese yard newbuildings orders down 40% in first 10 months
Newbuilding orders at Chinese yards are down nearly 40% year-on-year to the end of October, and output from existing orders has also declined...Chinese yard newbuildings orders down 40% in first 10 months
Tunisia to South Korea: A new trade route for Russian naphtha
South Korea has started importing naphtha from Tunisia, which in turn has seen a jump in supplies from Russia...Tunisia to South Korea: A new trade route for Russian naphtha
Is this the death of EDI?
APM Terminals currently offers API data feeds for Container Tracking, Truck Appointments, and Vessel Schedules...Is this the death of EDI?
Container lines ‘fighting a losing battle’ in 2023
A million teu of container line capacity may lay idle in 2023 as demand drops, freight rates fall, and economic confidence worsens...Container lines ‘fighting a losing battle’ in 2023