Montreal

  • Operations at the Port of Montreal have begun returning to normal, although customers may still experience delays in the coming weeks.
  • The Port of Montreal hosted a webinar on May 5th. Some of the key points from the discussion:
    • the port gets back to business, with an immediate resumption of operations and no more work stoppages;
    • A collective

 

Ex-China air freight prices are continuing to rise this week on the back of highly constrained air freight capacity and strong demand.

Among the ‘Top Movers’ this week of lanes tracked by TAC Index data is Shanghai-Amsterdam, where spot rates have seen a rise this week of around 18%, while prices from Shanghai to a basket of European airports …


 

The market for container transport is headed for a “new normal” with a market characterized by high freight rates in a cyclical upturn that could last for years, says analyst Lars Jensen. Both shippers and logistics companies could face hard times.

Shipping Watch…


 

Liner customers should expect prolonged service disruption before a return to “normalcy” in Q3, according to Rolf Habben Jansen, CEO of Hapag-Lloyd.

In a press briefing yesterday he also said substantial port congestion was likely to continue through the second quarter in both the US and Europe.

He predicted “significant” year-on-year rate increases for carriers as they negotiate long-term …


 

February saw 100 container ships ordered, the highest monthly demand on record according to Shipbroker Braemar ACM, mainly in the neo-Panamax range, 10-14,000TEU, with another 51 neo-Panamaxes ordered in March.

In total more than 160 ships have been ordered to date this year alone with around 65 in the larger bracket, while around 100 vessels of up to 5,100TEU …


 

A Covid-19 cluster has emerged in Singapore’s container port, after a trailer driver tested positive, leading to fears that the virus could have spread through the port.

Singapore’s Health Ministry announced on 6 May that it is testing port workers, after a trailer driver, who worked at Brani and Pasir Panjang Terminals, tested positive for Covid-19 on May 4th.…


 

With increasing volumes of cargo being experienced on its LCL and FCL rail freight services between China and Europe, the recent problems in the Suez Canal have made the transport of freight by rail from China into Europe look more attractive.

A similar tendency was reported by many logistics and freight forwarding groups who observed strong rises in demand …


 

Longshore labor disputes are flaring up in North America, with real potential conflict building on multiple fronts that is disrupting cargo movements today and could lead to much greater supply chain disruption in the year ahead.

Now that the strike in Montreal ended, a growing dispute is focused on the use of non-union labor to load ships at the …


 

Asian container ports have marked the highest efficiency scores in the world, dominating the top-50 positions of the global ranking according to the new Container Port Performance Index.

The report scored ports against different metrics, making the efficiency ranking comparable around the globe by assessing and standardizing for different ship sizes and container moves per call, according to a …