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Chinese New Year – Enter The Dragon

Chinese New Year – Enter The Dragon

This year’s holiday in China starts on Saturday 10th February and finishes on Sunday 25th February. The celebrations last for two weeks and close with the Lantern Festival.

Current Situation For Asia Ocean Freight

Current Situation For Asia Ocean Freight

Ocean freight rates from Asia are spiralling upwards since the attacks on container ships in the Red Sea, with carriers also declaring ‘force majeure’ for shipments enroute.

Lines Pushing Hard For Ocean Rate Increases

Lines Pushing Hard For Ocean Rate Increases

Steamship lines are making a big push to uplift ocean freight rates, especially on Asia origin movements, between now and the new year, with further GRI’s just announced.

Ocean Freight Disruption Impacting Rates

Ocean Freight GRI Proposed Again

We have witnessed several attempts by carriers to raise ocean freight rates this year, which have largely failed. However General Rate Increases (GRI’s) are once more being suggested for December.

Panama Canal Drought Effects Bite

Panama Canal Drought Effects Bite

Restrictions at the Panama Canal, in response to persistent low water levels, are causing delays of up to 20 days in crossing times.