Asia-USWC spot rates spike as Chinese New Year holiday looms
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February.
Source: The Loadstar
About 1,700 dockworkers at West Coast ports have tested positive for Covid-19 in January alone, stretching capacity at the country’s busiest gateway for shipping containers. Source: Supply Chain Brain
Foreign container lines claim there’s an increase in direct port loadings at Indian ports due to improved cargo aggregation opportunities, presented by the modified cabotage policy. Source: The Loadstar
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In our series so far, we have covered “what are demurrage charges and how to avoid demurrage charges” besides talking about “new methods to reduce demurrage detention charges”. This article will discuss the number of free days available across all the major sea ports in USA that can be used to avoid paying hefty demurrage…
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Shanghai port recorded the highest container volume in 2021 with a 3% growth YoY, maintaining its position as the busiest port for 12 consecutive years. Source: Seatrade Maritime