Latest News for: Freight ship

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Freight forwarders to shut down over excessive charges by shipping lines

Business Day Online 25 Oct 2021
According to a letter titled, ‘Notification of withdrawal of our services, signed by Ibrahim Tanko, national coordinator of the NAGAFF 100 percent compliance team, and addressed to all shipping companies in Nigeria, this was prompted by multitude of complaints about extortion of freight forwarders by shipping lines.
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The supply chain crisis could last into 2023 unless governments boost spending in ports, railways, ...

Business Insider 25 Oct 2021
Getty Images/Sasin Tipchai The supply chain crisis could last another year if governments don't step in, a shipping exec says ... Ocean Network Express has a fleet of 220 ships and transports more than 6% of the world's containerized freight, according to the FT.
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"Difficult sea freight situation will not ease by the end of the year"

Fresh Plaza 25 Oct 2021
The difficult sea freight situation, and with it the ship delays and increased freight prices, continue to shape the international fruit trade, and accordingly also the procurement of ginger. "For conventional goods from China, freight costs already account for 50% of the final trade price.
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Gov. Ron DeSantis Calls on Ocean Carriers to Divert Ships to Florida

The Maritime Executive 25 Oct 2021
Jaxport has not had any container ship backlog since the beginning of the pandemic, according to port officials ... "Because of all this extra freight being imported, it's creating a backlog from the ship side to the dock side to warehouses and across the whole supply chain."
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Manufacturers save supply chains' blushes

China Daily 25 Oct 2021
The freight rate of a 40-foot (12.2-meter) container from Asia to western ports of the United States fell from over ... The drop was propelled by seasonal factors and price adjustment of freight forwarders and shipping companies, said Xu Guoying, vice-president of Starlite Printers.
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The supply chain crisis has a silver lining

Asiatimes 25 Oct 2021
In this context, there is a silver lining to the fact that the shipping problems of 2021 have made freight rates extremely high – around 10 times their usual levels ... Even then, the big shipping companies will probably keep freight rates high after supply chains have normalized to help pay for decarbonizing their fleets.
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Survival of NVOCCs, the container shortage, and logistics under COVID-19

Seatrade Maritime News 25 Oct 2021
As the movement of cargo was limited, shipping lines reduced the number of ships to stabilize costs and maintain freight levels and used blank sailings, which are another headache for NVOs/Customers as they limit options of sailings from vessel operators.
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Amazon Bulks Up Shipping Capacity to Battle Holiday Season Snarls

The Epoch Times 25 Oct 2021
said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean freight carriers to try to overcome supply chain bottlenecks in time for the holiday shopping season.
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German exports to non-EU countries decline 0.4 pct in September: Destatis

Sina 25 Oct 2021
BERLIN, Oct ... In August, exports to China even increased by 4.4 percent year-on-year ... Around 9 percent of freight capacity worldwide was tied up in container congestion, including empty container ships waiting to be loaded. More than three percent of all goods to be shipped would be stuck in ships waiting to depart ... dollars) Enditem. .
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Government support helps specialist business bag export orders

The Business Desk 25 Oct 2021
Register ... However, when the COVID-19 pandemic hit, Union Papertech struggled with tough shipping conditions as container freight rates shipping costs surged to unprecedented levels, resulting in an increase in costs of transporting its goods, as well as issues finding private sector financing for a new export business became more difficult ... .
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Itching to leave your life in the US behind and move abroad? We’ll tell you how

Finger Lakes Times 25 Oct 2021
Examine the cost of shipping large items ... For those must-take items, shipping via sea freight is the most economical option, with door-to-door service demanding higher rates than door-to-port options ... When it comes to clothing, it can often be easier and less expensive to ship a few boxes than to lug extra suitcases through the airport.
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Blocked roads reopened in twin cities after govt-TLP talks make headway

Dawn 25 Oct 2021
ISLAMABAD ... A senior officer of the capital administration said all roads had been cleared and containers removed from roads removed and placed on the roadsides ... The garrison city was virtually sealed off with heavy shipping freight containers, concrete blocks, razor wire etc., to prevent any protest by the TLP workers and activists ... .
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Blocked roads reopened after govt-TLP talks make headway

Dawn 25 Oct 2021
A container being removed from I.J. Principal Road on Sunday after the TLP postpones its march to Islamabad. — White Star. ISLAMABAD ... The garrison city was virtually sealed off with heavy shipping freight containers, concrete blocks, razor wire etc., to prevent any protest by the TLP workers and activists ... Published in Dawn, October 25th, 2021. .
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Riyadh vice: inside Saudi Arabia's crackdown on Captagon

The National 25 Oct 2021
Ahmed was 12 years old and living in Saudi Arabia when he tried his first Captagon pill ... Captagon in the Middle East ... The criminal group, which had drug depots in Germany as well as in various provinces in Austria, is estimated to have shipped 25 to 30 tonnes of Captagon tablets from Austria to Saudi Arabia as air freight between 2016 and 2021 ... ....
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The Energy Bulletin Weekly 25 October 2021

Resilience 25 Oct 2021
The backlog of ships outside the ports of Los Angeles and Long BeachAmerica’s largest gateway for ocean freight — is poised to worsen ... Soaring prices and demand for liquefied natural gas (LNG) in Asia have pushed spot LNG freight rates to over $200,000 per day as traders scramble to book vessels to ship the fuel to energy-starved markets in Asia.
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