Tag: shipping trade

As Sea-Intelligence informs the expectation that carriers would use the Chinese New Year (CNY) as an opportunity to blank a substantial number of sailings, did not materialize as much.

The Baltic Exchange has issued its reports for 21-27 January 2023, to provide information about the tanker and bulk market performance.

According to Sea-Intelligence, carriers were able to bring scheduled capacity down by -18% during the Chinese New Year (CNY) period.

Nigeria opened a deep seaport in Lagos on January 23, aiming to ease congestion at the country’s ports and become an African hub for transshipment, handling cargoes in transit for other destinations.

Ship agents have reportedly warned Pakistan that export cargoes will stop as foreign shipping lines discontinue their services for the nation. 

The Baltic Exchange has issued its reports for 07-20 January 2023, to provide information about the tanker and bulk market performance.

According to Sea-Intelligence, as the market strengthened after the initial COVID hit, small carriers started to deploy capacity, especially on the Transpacific trade, while major carriers started to introduce services outside of the alliance networks.

The Baltic Exchange has issued its reports for 06-13 January 2023, to provide information about the tanker and bulk market performance.

2022 was a year of challenges for Port of Antwerp-Bruges. Geopolitical tensions, the energy crisis and ongoing disruptions in supply chains made their presence felt and, in addition to shifts within the various commodity flows, put sustained pressure on the container segment.

Container xChange released its Container LogTech 2023 predictions report, noting that a survey of supply chain business leaders found that inflation and recession are the main fears for companies as they enter 2023.