Sea freight

Strikes Threaten Supply Chains in the US, Canada, and Europe

With the labour contract negotiations for 45,000 dockworkers along the US East Coast cancelled by the International Longshoremen’s Association (ILA), industrial action is more likely, as it is on the Canadian railways, while German port workers have already commenced strike

Challenging Times for Asia Export Trades

Asia’s export trades are as challenging today as they were during the pandemic, with extremely tight vessel space, equipment shortages, and port congestion leading to a surge in spot rates, which analysts forecast could reach stratospheric levels. Vessel schedule reliability from

Alliance changes to benefit shippers

Gemini Cooperation partners Maersk and Hapag-Lloyd plan to deliver massively improved schedule reliability levels of 95% after they launch next year, but they will likely face challenges in attempting to do so. The Gemini Cooperation partners believe that if they can

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

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