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Logfret InSights

Logfret InSights

Shippers will have to foot the final bill for ‘greener’ shipping

Carriers will have to rely on cargo-owners’ willingness to pay a healthy surcharge for greener shipping to recover the cost of ‘significantly more expensive’ green methanol fuel.

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Logfret InSights

CBSA delays the implementation of CARM due to potential labour activity, disrupting the planned May 2024 launched

CBSA has provided an update on its plans for the launch of CARM digital initiative, which will modernize the collection of duties and taxes for goods imported into Canada.

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Logfret InSights

China issues ‘once in a century’ flood warning for Guangdong’s Bei River zone

The southern Chinese province of Guangdong is on high alert for flooding, with authorities forecasting water flows in a major river to hit "once-in-100-year" levels on Monday morning.

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Panama Canal Authority warns restrictions will remain in place throughout 2024

The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits.

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Logfret InSights

Dubai cargo disrupted after flash floods

Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) airport.

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Logfret InSights

Air Cargo Demand Maintains Double-Digit Growth in February

The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand.

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Logfret InSights

Hong Kong becomes first major victim of global liner network redesigns

The world’s most rapidly declining major container port is braced for further huge throughput drops in the coming couple of years.

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Logfret InSights

Baltimore port channel set to fully reopen by end of May

The Army Corps of Engineers is working to open a temporary channel for auto and farm equipment shipments by the end of April.

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Logfret InSights

Diversions from Red Sea proving a real ‘silver lining’ for carriers

The current equilibrium between supply and demand in container shipping depends on the duration of the Red Sea attacks, and the effect on available capacity, as ships take longer routes via the Cape of Good Hope.

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Warn of likely further air freight rate rises ex-India

Air cargo congestion and rising air freight rates out of the Indian sub-continent – a situation they fear may get worse, owing to religious festivals.

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