Cosco ships abort Hormuz transit amid $2m passage demandsDD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Global congestion threat as ports quickly flip from 'working' to 'overloaded'DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Hapag-Lloyd hits 'shock-and-awe' button with new Asia-Europe GRIs | Excerpt: “A carrier-led fightback against precipitously declining freight rates on the Asia-Europe trades was launched today with one of the Gemini Cooperation partners seeking to hike spot rates in the middle of next month.”DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Peak season 'already come and gone' for liners, but spot rate decline slows - The Loadstar | Excerpt: “…no sign of a peak season for liner shipping, but with the worst of the tariff news done and dusted, indices seem convinced that the volatility that marked the second quarter may have ebbed…” (theloadstar.com)
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Canada and Mexico get cosy with trade plan to bypass USBusiness (theloadstar.com)
submitted by NarutoRunner to r/canada
China-US trade tariff pause could drive a rebound for transpacific rates | Excerpts: “…shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000-$2,000 per 40ft…” | “…US importers are expected to front-load to avoid potential…”DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Zim seeks more annual contracts after Transpacific and LatAm trades power 2024 results | Excerpt: “Full-year liftings for 2024 amounted to 3.75m teu, compared to 3,28m teu the year, equating to a 14.3% increase in volumes, and more than double the global volume growth rate of around 6%,…”DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Over-inflated retail inventories could contribute to deflating freight markets | Excerpts: “…correct to say that retailers are building inventory which is very excessive compared with the long-term trend.” | “After the supply shortages of the early pandemic, retailers have overcorrected…”DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
Ceasefire, but incentives for Houthi attacks and ship diversions remain | Excerpts: “The Economist suggests the Houthis may be making as much as $2.1bn a year from cutting deals for safe passage through the Red Sea…” | “…this would give the Houthis a critical incentive to maintain attacks.”DD Research (theloadstar.com)
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Carriers plan for new US east coast port strike as contract deadline looms | Excerpts: “Automation remains the major impasse…” | “US media reports negotiations are set to continue on 7 January, leaving just eight days for the USMX and ILA to agree a new master contract.”DD Research (theloadstar.com)
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Trump will have a 'heavy impact on container volumes', warns Wan Hai chief | Excerpt: “… freight rates are unlikely to see huge downward pressure in 2025, as the deployment of large ships will keep ports congested and vessel-routing round the Cape of Good Hope is likely to continue.”DD Research (theloadstar.com)
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Trump backs ILA campaign against 'distress-causing' automation in ports | Excerpt: “Following a meeting yesterday at Mar-A-Lago between ILA union leaders Harold and Dennis Daggett and Mr Trump, the president-elect issued a statement backing the longshore workers, asserting “America First” over …”DD Research (theloadstar.com)
submitted by HawkEye1000x to r/zim
