Logfret InSights
Cambodia starts work on tripling its box handling capacity by 2029
The Cambodian prime minister was the guest of honor for the groundbreaking of a major new container terminal expansion at the kingdom’s main port.
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Logfret InSights
Logfret InSights
UAE port authority’s new rule takes aim at carrier surcharges
The wave of charges typically levied on containerised freight has fallen into the crosshairs of the Dubai Maritime Authority (DMA), amplifying the controversial issue of transparency in supply chain costs.
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Logfret InSights
Declining Asian exports another blow to transpac contract hopes
China’s May Day holiday, lasting five days from Saturday, will delay liner operators’ planned rate increases, and cargo volumes ex-Asia have dipped below expectations, further hampering contract negotiations with transpacific shippers.
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Logfret InSights
Carriers put the frighteners on shippers, but rates uptick ‘just a blip’
The recent uptick in container spot rates is “transitory”, according to maritime consultant Drewry, which remains “unconvinced freight rates have bottomed-out” and expects carrier losses.
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Logfret InSights
Vietnam taking significant volume of US-bound box exports away from China
Global trade patterns are being remoulded at a fast clip, with reshoring now clearly diminishing China’s dominance in the transpacific box trades.
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Logfret InSights
Influx of capacity brings a ‘new era’ for air cargo markets
New capacity in the passenger and freighter market is changing the parameters of air cargo this year.
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Logfret InSights
Doubts over more GRIs as Taiwan carriers bank on demand returning
Taiwan’s Maritime Port Bureau said this week there was no longer any need for it to coordinate shipping capacity with the island’s three main liner operators.
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Logfret InSights
Air cargo shreds paper trail in industry push toward digitalization
Carriers are working to modernize operations. Electronic air waybills are just the first step.
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Logfret InSights
Port strikes take their toll on supply chains and seafarers
The number of port strikes around the world has been growing over the past year, causing headaches for supply chain providers as well as distress for seafarers denied shore leave.
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Logfret InSights
Hong Kong International retains busiest cargo hub top spot
Hong Kong International Airport (HKIA) retained its position as the world’s busiest cargo airport in 2022 despite the impact of Covid restrictions, according to statistics from Airports Council International.
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