Page 4 - James Hookham News Today

A prolonged citywide lockdown caused congestion in the Port of Shanghai and affected the global supply chain due ...

Report reveals extent of capacity restriction as a result of scheduled port calls skipped and blank sailings by lines during 2021. Certain regions will suffer economic impact hindering post-pandemic recovery The MDS Transmodal (MDST) research, commissioned by Global Shippers Forum (GSF) found that global ports lost over a third of their expected capacity to ship ...

Container carriers may finally have the instrument they’ve been missing for years, with the Global Shippers Forum deeming the latest move by US President Joe Biden pure dynamite. Now, they will bring the clear US statement before the European Commission.

The situation is throwing a spotlight on the market concentration of shipping lines, and their legal immunity from antitrust laws. . Read more at straitstimes.com.

Shipping Companies Had a $150 Billion Year. Economists Warn They’re Also Stoking Inflation

Supply chain issues and high shipping rates have thrown a spotlight on the market concentration of shipping lines and their legal immunity from antitrust laws.

(Bloomberg) -- Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.

By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers —...

A key factor in whether ocean liners can restore a reliable infrastructure for global trade in 2022 will be the strength of consumer goods demand.

‘Capacity restoration is key to crisis recovery’