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High-yield trans-Pacific siphoning available containers: forwarders

Monday Sep 21st 2020

“Container shortages are intensifying across Asia as “almost all” available container equipment is redirected towards China to serve the booming trans-Pacific market, according to forwarders.” See the original story at JOC. Source: JOC (JK)

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Asia-US spot rates pushed to new highs, despite warnings from China and FMC

Monday Sep 21st 2020

“Container spot rates from Asia to the US, including space guarantees and equipment priority fees, have topped $4,000 per 40ft to the US west coast and $5,000 to the east coast.” See the original story at The Loadstar. Source: The Loadstar (JK)

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FMC tells trans-Pac carriers it’s monitoring blankings, ‘revenue trends’

Monday Sep 21st 2020

“The US Federal Maritime Commission (FMC) has served notice to carriers and vessel-sharing alliances that it is closely monitoring blank sailings, utilization of equipment, and “revenue trends” in the current volatile environment in the eastbound trans-Pacific.” See the original story at JOC. Source: JOC (JK)

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CONTAINERSHIP BEHEMOTH STOPS SYDNEY SERVICES OVER DISRUPTION Date: 18.09.2020

Monday Sep 21st 2020

“Maersk, the world’s largest containership operator, will cease servicing Port Botany, with a return of container booking acceptances expected from October 1.” See the original story at Full Loaded. Source: Full Loaded (JK)

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