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China terrestrial AIS data still blacked out; FMC looking into possible violations

Global commodity traders and U.S. importers that rely on maritime data out of China for their work continue to be in the dark – and U.S. federal officials are now investigating. The data, called the Automatic Identification System (AIS), tracks all vessels that carry commodities and containers. American Shipper’s initial investigation revealed this data breakdown ...
United States Ben Nolan Jan Hoffmann Rick Helfenbein Peter Sand Carl Bentzel

La subida de precios que llega por mar

La subida de precios que llega por mar “Es una locura” La crisis de los fletes marítimos, con costes multiplicados hasta por cinco, presiona y amenaza con agravar la ya crecida inflación Video Actualizado a 03/07/2021 14:39 “Es muy exagerado. Es una locura. El precio de los herrajes, contrachapados, etc., están subiendo una barbaridad. Los contenedores se llegan a subastar. Nunca en la vida había visto esto. Y cada vez hay menos navieras. Es un ‘o lo tomas o lo dejas’”. Así s...
United States United Kingdom Comunidad Valenciana Jan Hoffmann Freightos Baltic Autonomous University

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Breaking News | Despite COVID-19 Pandemic, UN Trade Agency Reports Growth in Container Shipping

By Akanimo Sampson Contrary to expectations, the United Nations trade agency has reported a growth in the demand for container shipping during the COVID-19 pandemic, an indication that the sector bounced back quickly from an initial slowdown. United Nations Conference on Trade and Development (UNCTAD) policy brief says “changes in consumption and shopping patterns triggered by the pandemic, including a surge in electronic commerce, as well as lockdown measures, have in fact led to increased i...
United States Jan Hoffmann Akanimo Sampson World Trade Organization Facilitation Agreement United Nations Nations Conference

Checks and balances on container rates | Hellenic Shipping News Worldwide

Checks and balances on container rates In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oil demand waned. In prime position in the winners’ circle are container ships. Freight rates have climbed ever higher since the start of the pandemic and while they were starting to settle towards the end of...
United States Jan Hoffmann Ever Given Suez Canal South America North America

Maersk raises full-year guidance as it rides exceptional market

Maersk raises full-year guidance as it rides exceptional market April 27, 2021, by Jasmina Ovcina Industry heavyweight A.P. Møller – Mærsk A/S has lifted market guidance for the full year of 2021 citing an exceptional market situation in the container shipping sector. The company is now forecasting an underlying EBITDA in the range of $13-15bn from the previously guided $8.5-10.5bn and underlying EBIT in the range of $ 9-11bn against $4.3-6.3bn...
United States Jan Hoffmann Logistics Services South America North America ஒன்றுபட்டது மாநிலங்களில்

Shipping during COVID-19: Why container freight rates have surged | Hellenic Shipping News Worldwide

Shipping during COVID-19: Why container freight rates have surged When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipping rates are a major component of trade costs, so the new hike poses an additional challenge to the world economy as it struggles to recover from the worst global crisis since the ...
United States Jan Hoffmann Clarksons Research Intelligence Network Time Series World Trade Organization Facilitation Agreement Ever Given

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