With demand likely to remain high and additional capacity not due for a few more years, the shipping lines look set to reap a revenue harvest until new vessels begin to be delivered in 2023.
Congestion in North Europe’s major ports will reach “critical” levels over the next four weeks as container terminals struggle to turnaround ships embroiled in the six-day Suez Canal closure and shipping lines are expecting that many services will miss one to two sailings, which will negatively impact capacity in the second quarter.
The mega-container ship Ever Given has been recovered and the Suez Canal is unblocked, but the real problems for shippers have just begun, with some lines refusing to accept Asia bookings (in either direction) blanked sailings announced and the ripples of disruption likely to touch all aspects of global Maritime trade.
The Evergreen Ever Given has been grounded sideways since Tuesday morning, blocking vessels in both directions along the Suez Canal, creating one of the worst shipping jams seen in years and threatening even more chaos, when the grounded vessel, together with those behind it, arrive at their destination.
Transport for London’s new lorry safety scheme, the Direct Vision Standard (DVS), issues permits based on how much the driver can see, but assessment and vehicle modification costs are directly increasing collection and delivery charges in the capital, with many European hauliers not willing to enter London, due to the cost of compliance.
Government ministers confirmed last week that that pre-notification requirements for animal origin and associated products, would be implemented in October, rather than April as originally planned and that the deferred import declaration scheme due to end in July would now continue until the 1st January 2022.
The port and terminal disruption that began in Felixstowe last Summers, before spreading to Southampton and London Gateway has not disappeared, with congestion continuing to disrupt collections, empty returns and LCL unloading.
Strike action, due to start today, by British Airways’ cargo handlers at London Heathrow has been called off after progress in talks between the union Unite and BA.
We are deeply saddened to report the loss of our founder, Ken Norman, who passed away peacefully in December.
The shortage of containers in Asia, limiting their ability to load exports, and the continuation of port congestion across the UK and Northern Europe has had a profound impact on sea freight services, with a number of shipping lines suspending all freight bookings until, at the earliest, the last week in December.