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South Asia faces the heat as container crisis deepens on long-haul routes | Hellenic Shipping News Worldwide

South Asia faces the heat as container crisis deepens on long-haul routes | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Navneet Budania , Peter Sundara , Mohammad Bilal Khan , Cma Cgm , South Asia , General Rate Increase , Peak Season Surcharge , North West Africa , Southeast Asia , Indonesia Middle East , பீட்டர் சுந்தர , முகமது பிலால் காந் , சம சிஜிஎம் , தெற்கு ஆசியா , ஜநரல் ரேட் அதிகரி , உச்சம் பருவம் கூடுதல் கட்டணம் , தென்கிழக்கு ஆசியா , இந்தோனேசியா நடுத்தர கிழக்கு ,

Containerized scrap supply to Asia tightens as freight from USWC surges | Hellenic Shipping News Worldwide

Containerized scrap supply to Asia tightens as freight from USWC surges
The containerized ferrous scrap market in Asia saw tighter supplies and offers coming from western origins, amid bulging shipping space constrains and surging freight rates, sources said.
“Just slightly more than a month back, freight to Taiwan was only at $10 per feet of container, and now it’s $40 per feet of container for March,” a US supply source said. “Freight is massive.”
Other sources, meanwhile, cited 40 feet container prices in a $1000-1,600/mt range to Asia.
Translating to a per metric ton of cargo cost for comparison, the midpoint $1,300 price tag for March shipments would equate to $48.10/mt, versus only $14.80/mt in early January, assuming an average load of 27 mt per 40 feet container. ....

United States , General Rate Increase , Freight All Kind , North America , Platts Marine Fuel , ஒன்றுபட்டது மாநிலங்களில் , ஜநரல் ரேட் அதிகரி , சரக்கு அனைத்தும் கைஂட் , வடக்கு அமெரிக்கா ,

No Easy Solution To Global Container Shortage | Hellenic Shipping News Worldwide

No Easy Solution To Global Container Shortage
The current shortage of containers has resulted in high freight rates for exporters and disrupted many Malaysian businesses that trade globally.
This, in turn, has led to calls from the Malaysian National Shippers’ Council (MNSC) for the government to intervene and provide some sort of fiscal relief to exporters in the form of tax incentives and the removal of the cap on total logistics costs for a Market Development Grant. (The grant, capped at 30% of logistics costs, is given by the government to encourage companies to expand their market.)
The Federation of Malaysian Manufacturers (FMM) is also urging the government and the port authorities to leverage their relationships with shipping lines to get them to provide more services and capacity to Malaysian ports. ....

Port Klang , United States , Sara Alkawari , Market Development Grant , Federation Of Malaysian Manufacturers , Malaysian National Shipper Council , Malaysian Employers Federation , Fraunhofer Center , Market Development , Malaysian Manufacturers , New Year , Maritime Logistics , Change Container Availability Index , North America , General Rate Increase , Recovery Rate , போர்த் கிளாங் , ஒன்றுபட்டது மாநிலங்களில் , சந்தை வளர்ச்சி மானியம் , கூட்டமைப்பு ஆஃப் மலேசியன் உற்பத்தியாளர்கள் , மலேசியன் தேசிய கப்பல் ஏற்றுமதி செய்பவர் சபை , மலேசியன் முதலாளிகள் கூட்டமைப்பு , ப்ரௌுந்ொபேர் மையம் , சந்தை வளர்ச்சி , மலேசியன் உற்பத்தியாளர்கள் , புதியது ஆண்டு ,

Service commitments, not prices, to take center stage in 2021 container term talks: sources

Service commitments, not prices, to take center stage in 2021 container term talks: sources
After the uncertainty that dominated the container markets through most of 2020, service commitments, rather than prices, are expected to take the center stage in the next year’s term contract negotiations, according to sources.
“Going forward, even if a contract costs $100 per TEU [20 foot equivalent unit] extra, shippers won’t mind as long as it gives them a guarantee on price and space, a source based in Singapore said.
Some companies that pay a premium on term contract rates have different perks such as their own block storage on vessels, their container storage at the port, according to Stephanie K Loomis, Vice President FCL Product, US and Canada, Vanguard Logistics Services. Their containers don’t get mixed in with others. These kinds of services is what people are going to talk about now, she said. ....

United States , Hong Kong , Lars Jensen , Stephaniek Loomis , Vanguard Logistics Services , Vice President , Vanguard Logistics , General Rate Increase , Peak Season Surcharge , Seaintelligence Consulting , Platts Container Rate , North Asia , East Coast North America , West Coast North America , Platts Container Index , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , லார்ஸ் ஜென்சன் , வான்கார்ட் தளவாடங்கள் சேவைகள் , துணை ப்ரெஸிடெஂட் , வான்கார்ட் தளவாடங்கள் , ஜநரல் ரேட் அதிகரி , உச்சம் பருவம் கூடுதல் கட்டணம் , வடக்கு ஆசியா , கிழக்கு கடற்கரை வடக்கு அமெரிக்கா , மேற்கு கடற்கரை வடக்கு அமெரிக்கா ,