Jochen Gutschmidt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

How did I do on predicting future events?I’ve made a lot of predictions since 2020, which is when I wrote my last “year-end roundup” column. And as Yo...

Bjørn Vang Jensen is quite busy in his new position as consultant with Sea-Intelligence. His current advice to customers is to expect high prices on container freight all the way into 2024. Find out why in this interview with ShippingWatch.

Synopsis Any hope for a return to more normal conditions this year was quashed with the beaching of the Ever Given that stalled traffic through the Suez Canal for almost a week in late March. iStock Most logistics experts agree the situation can’t stay this disrupted forever, but there’s a growing sense that relief might not come until 2022. Even those sentiments are part guesswork. Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move...

Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans. After peaking in late 2020 and not budging much through the first quarter, the rate for a 40-foot container to Los Angeles from Shanghai hit $4,403 last week, the highest in Drewry World Container Index data going back to 2011. Cargo shippers on less-traveled transatlantic routes are feeling the sting, too: Rotterdam to New York surged to a record $3,500. With their...

Join BIMCO for new episodes of “The Shipping Markets Checkpoint” Overview In response to the numerous challenges arising in the face of the Covid-19 pandemic, BIMCO launched a webinar series in the autumn of 2020. The series offer insight from industry experts who join the webinars to share their knowledge and debate what lies ahead for commercial shipping markets. The second season of the series – “The Shipping Markets Checkpoint: Thinking out loud on what’s next for shipping” – is now underway. Throughout the season two, guest speakers who are experts in their fields will join...