News

All change at the shipping alliances

After announcing the end of the 2M alliance Maersk is joining with Hapag-Lloyd to form The Gemini Cooperation, in a move that will shake up the East-West container shipping market. Since announcing the breakup of its 2M Alliance with MSC in

Airfreight market update

Bright start to new year for air freight

The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on many routes, including from the Indian Subcontinent and South East

US and Europe spot rates from Asia in step

Two weeks after sea freight spot rates from Asia to Europe started to peak and after the scramble for capacity ahead of Lunar New Year subsided, it seems that the US trade lane from Asia may be following suit. Two weeks

demurrage detention

Freight market report; October 2023

The European Union’s surprise decision to end container shipping lines’ exemption from competition law next April and imposing carbon taxes on them from January, mean the lines already have a challenging 2024. Recent air freight rate increases may suggest a

Characteristics of maritime transportation

EU’s anti-trust action may not end Alliances

With the European Union’s surprise decision to end container shipping lines’ exemption from competition law in April next year, and imposing carbon taxes on them from January, European container shipping may have a challenging 2024. The abolition of the Consortia Block

First look at new flagship logistics hub

Located in the ‘Golden Logistics Triangle’, Noatum Logistics’ latest flagship facility has a 230K sq ft footprint, is of a net-zero carbon construction and incorporates a three-story 300 sq ft mezzanine, with six miles of hanging garment rails, 0.5 mile