Tug boat lock out – Not proceeding
An ongoing dispute between Maersk owned Svitzer and the Maritime Workers Union (MUA) is set to escalate this Friday.
Posts
Ocean Freight Update
So much has happened since our last bulletin in June, but for those regular readers I hope you had not locked in any rates as they have continued to decline which is exactly what we had outlined in June.
China Golden Week Holiday
China public holiday closure for ‘Golden Week’ celebrations from 1st October until 7th October.
2022-2023 Seasonal measures for Brown marmorated stink bug (BMSB)
The season will apply to goods shipped between 1 September 2022 and 30 April 2023.
Sea Freight – June update
Indications are that the fluidity of the FCL and LCL rates and the period needed to secure bookings will continue through to 2024.
Shanghai latest news
We are seeing some positive signs of change in Shanghai with residents being allowed out of their homes and many are hopeful of a return to offices around mid June.
Sea Freight Update
In much welcomed news we are starting to see some rate relief on the CN to AU trade lane. However delays are still being experienced globally.
China COVID Lockdowns causing supply chain stress
The Chinese Government is pursuing a COVID zero policy and have locked significant areas of Shanghai impacting both air and sea freight movements.
Diesel Fuel Price Rises causing significant freight transport costs to increase
These constant increases have been driven by the global supply chain disruptions, due to the pandemic, port closures, congestion and more recently the Ukraine crisis.
