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BBCNEWS BBC News December 27, 2021 12:23:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 12:23:00

We already know it is a sensitive system — the evergiven, the ship that blocked the suez canal for six days in march, caused massive backlogs. but it is covid that has done the real damage. container lines are run like train lines. they have schedules and they're meant to call at fixed times for fixed durations, that is just not happening because they can't. and the cost of sending shipping containers by sea has risen dramatically. it is absolutely gone crazy this year. if you're looking at short—term freight rates from asia to europe you are looking at a 366% increase. longer—term rates...

BBCNEWS BBC News December 27, 2021 15:21:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 15:21:00

Done the real damage. container lines are run like train lines. they have schedules and they're meant to call at fixed times for fixed durations, that is just not happening because they can't. and the cost of sending shipping containers by sea has risen dramatically. it is absolutely gone crazy this year. if you're looking at short—term freight rates from asia to europe you are looking at a 366% increase. longer—term rates locked in 12 months in advance have gone up even more. the shipping container industry is on course to make vast record profits this year. ports are working longer hours...

BBCNEWS BBC News December 27, 2021 13:27:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 13:27:00

This is stock that people cannot buy until the last minute, it really hurts for a small business like ours. this is where the container came from, near shanghai. the trouble is they are not enough empty containers in china to meet the demand for sending goods around the world. covid shutdowns and delays have put global supply chains out of kilter. we already know it is a sensitive system — the evergiven, the ship that blocked the suez canal for six days in march, caused massive backlogs. but it is covid that has done the real damage. container lines are run like train lines. they have schedu...

World's largest container lines suspend shipping to Russia - Vimarsana News

World's largest container lines suspend shipping to Russia

LONDON/COPENHAGEN (Reuters) -The world's three biggest container lines on Tuesday temporarily suspended cargo shipments to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, in a further blow to trade with the country. Russia's assault on its neighbour, which Moscow says is a "special operation", is the biggest state-to-state invasion in Europe since World War Two. Swiss-headquartered MSC, the world's biggest container shipping company by capacity, said in a customer advisory that as of March 1 it had introduced "a temp...

Source: aol.com
World's largest container lines suspend shipping to Russia - Vimarsana News

World's largest container lines suspend shipping to Russia

LONDON/COPENHAGEN (Reuters) -The world's three biggest container lines on Tuesday temporarily suspended cargo shipments to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, in a further blow to trade with the country. Russia's assault on its neighbour, which Moscow says is a "special operation", is the biggest state-to-state invasion in Europe since World War Two. Swiss-headquartered MSC, the world's biggest container shipping company by capacity, said in a customer advisory that as of March 1 it had introduced "a temp...

Source: aol.com