Source: Market average rates for 40‘ containers according to www.xeneta.com
Trade Analysis: Far East Eastbound
Situation
There is currently no indication of when the problems in the Red Sea will end. The number of ships diverted via the Cape of Good Hope route has reached an all-time high and shows no signs of decreasing. Vessel schedules continue to fluctuate, impacting on-time performance and reliability.
There is sufficient capacity to meet demand.
Obstacles
We are experiencing multiple blank sailings, leading to further schedule reliability issues for all shipping alliances. Routings via the Cape of Good Hope appear to be the new normal on this trade lane.
The high number of blank sailings out of Asia has a direct impact on backhaul departures at the beginning of May.
Outlook/Solutions
Due to the rerouting of global services, there may be equipment shortages in certain areas of the European Union (e.g. South Germany) and potential congestions at ports.
A talk with Rolf Habben Jansen, CEO of Hapag Lloyd
We had the opportunity to talk to CEO of the fifth largest container carrier worldwide about the recent developments in seafreight and acquisition plans.
What does a bird have to do with cranes?
- Facts
It’s impossible to think of a world without cranes. Whether used for loading cargo, or in the construction industry – cranes are among the most important man-made mechanical devices.
