The continuing Shanghai lockdown against Covid has not translated, as yet, into a large number of blank sailings by container lines.
Container line ZIM is launching its first ro-ro service from the Chinese port of Nansha , Guangzhou to South America.
Mediterranean Shipping Company’s (MSC) has expanded its terminal business in India through its recent acquisition of Bolloré Africa Logistics.
DP World Limited handled 19.3m teu across its worldwide portfolio of container terminals in the first quarter of 2022.
A new ZIM Mediterranean Premium (ZMP) service operated by ZIM Line has started calling at Dachan Bay Terminals.
Long-term rates have fallen back to near-parity with short term rates on the US-Asia backhaul after months of significant premiums.
As the lockdown in Shanghai continues and many other Chinese city face curbs due to Covid-19 the number of container vessels waiting outside the country’s ports has almost doubled since February.
Ningbo Ocean Shipping has launched the first direct container service to Southeast Asia from the port of Taicang, China.
Container prices in the US have fallen dramatically in recent months and will fall further, according to Container xChange.
Disruption is growing to shipping and logistics, shipyards, and production as Shanghai’s lockdown continues.