Search results for: peak season

21459 results

A list of search results

  • 20 June 2016
    Business & Finance

    The 2016 third-quarter peak season will not bring much respite to carriers as the period is not expected to see much of a volume uplift in the container shipping industry, a recent study conducted by shipping consultancy Drewry shows. Nearly half of the 51 shippers who responded to the survey said that they expect volumes for the […]

  • 4 July 2016
    Business & Finance

    Depressed rates and slowing demand during much of the second quarter have now forced the carriers to withdraw services in their Asia-West Coast North America loops – action which is quite unprecedented just ahead of the third quarter peak season, according to shipping consultancy Drewry. Cosco terminated its America-Asia Container (AAC) loop which connected North and […]

  • 17 March 2010

    Better forecasting would not have averted the peak season chaos last year, but will help prevent it repeating, according to senior forwarding and logistics executives. Shippers, forwarders and carriers all shared some of the blame for the backlogs and scramble for capacity in the second half of 2009, although ultimately, carriers “in survival mode” were […]

  • 26 July 2016
    Business & Finance

    Due to a glut of surplus capacity in the container shipping industry, the peak season seems to have lost its previous impact, which was instead spread out through the year, the market intelligence platform for containerized ocean freight Xeneta said. As the traditional peak shipping season is fast approaching, the container lines announced the implementation of GRIs […]

  • 4 July 2017
    Business & Finance

    The Manila International Container Terminal (MICT), operated by International Container Terminal Services (ICTSI), has seen a robust performance as the company gears up for the peak season. As of May, yard utilization at the MICT remained at 61 percent or well below the 70 percent ideal percentage. During the same month, average crane productivity hovered […]

  • 25 April 2014
    Business & Finance

    In preparation for the coming peak season, Evergreen Line is implementing service enhancements for the Red Sea market. The carrier will adjust the port rotation of its Far East – Red Service (FRS) and launch a new feeder loop. In addition, the line intends to further strengthen its Red Sea service network via slot exchange […]

  • 7 July 2015
    Business & Finance

    Members of the G6 Alliance are cancelling four Asia-Europe sailings in July and August in response to reduced market demand. APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line already dropped two Asia – Europe sailings in June. The new void sailings are for the following services and weeks: Loop 6 service […]

  • 7 July 2015
    Business & Finance

    Members of the G6 Alliance are cancelling four Asia-Europe sailings in July and August in response to reduced market demand. APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line already dropped two Asia – Europe sailings in June. The new void sailings are for the following services and weeks: Loop 6 service […]

  • 26 January 2018
    Business & Finance

    Global average reefer freight rates kept rising over the last 12 months, even during off-peak seasons.

  • 15 September 2009

    Evergreen’s introduction of a peak season surcharge from Asia to Europe, imposed August 1, will now extend from October 31 to December 31 to protect its own space while global capacity continues to wane. The westbound trade from the Far East and the Indian subcontinent to Europe and the Mediterranean will include bunker and peak […]

  • 23 July 2009

    COSCO Container Lines (COSCON) has announced a rate increase for southbound cargo from mainland China, Hong Kong, Taiwan, Japan and Korea to Australia of US$300 per TEU, US$600 per FEU and 40-foot high cube from August 1. COSCON further announced a peak season surcharge of US$250 per TEU, US$500 per FEU and US$500 per 40-foot […]

  • 23 August 2019
    Business & Finance

    IMO 2020 sulphur cap, earlier than usual 2020 Chinese New Year would “further disrupt and unsettle supply chains.”

  • 8 August 2018
    Business & Finance

    MSI: July saw a modest realignment between container shipping’s charter and freight markets.

  • 1 August 2016
    Business & Finance

    Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in all seasons and, according to shipping consultancy Drewry, it is likely that some of the newly idled ships will be sold for demolition, particularly the older Panamax vessels. Increased idling of boxships has happened on a larger scale, […]

  • 29 May 2015
    Business & Finance

    The ports of Los Angeles and Long Beach have announced the creation of working groups focusing on peak operations and terminal optimization to develop ways to strengthen the competitiveness of the San Pedro Bay port complex. Participants in the issue-specific working groups will be drawn from goods movement industry stakeholders, including shipping lines, cargo owners, […]

  • 10 September 2009

    Container shipping line Evergreen will extend its peak season surcharge (PSS) and implement an emergency bunker surcharge on its services between Asia and India and Europe. Evergreen is extending its US$175 per teu PSS until 31 December on the westbound Asia and Indian-subcontinent to Europe and the Mediterranean trades because of “strong demand for space”.

  • 4 April 2013
    Environment, Research & Development

    The welcome arrival of warm weather should also be sounding warning bells for developers and community groups who are exploring the potential for new renewable energy schemes. “Spring is peak survey season for many of our protected species and, if you miss the window, your project could delayed significantly,” said Atmos Consulting’s principal ecologist Jon […]

  • 1 July 2010

    Evergreen Marine Corp. said Thursday it is raising its shipping rates on its European routes and will add surcharges during the current peak season amid strong demand. The shipping company said the rates on its Europe- Mediterranean westward routes will be increased from July 1 by US$250 per twenty-foot equivalent unit (TEU) , a measurement […]

  • 11 June 2009

    Maersk Line plans further freight rate rises to tackle “unacceptable” and “unsustainable” revenues in the Far East to Europe trades. Rates on Far East services to the Mediterranean and North Europe will rise by US$300/teu on 1 July and a peak season surcharge will also come into force from 1 August until 31 October. “The […]

  • 9 September 2015
    Business & Finance

    Container shipping lines in the U.S. export trade lane to Asia are recommending phased, across-the-board increases in freight rates, beginning October 1, 2015. According to member lines of the Transpacific Stabilization Agreement (TSA), the scheduled action reflects the trade’s recovery from congestion challenges earlier in the year; a strengthening market heading into what is typically the […]

  • 16 September 2014
    Business & Finance

    Container cargo shipments declined by 9.1 percent in August at the Port of Long Beach, reflecting both early shipping by importers this year and the comparison to an August last year that was the Port’s busiest month since 2007. A total of 573,083 TEUs (twenty-foot equivalent units) were moved through the Port in August. Imports […]

  • 9 September 2015
    Business & Finance

    Container shipping lines in the U.S. export trade lane to Asia are recommending phased, across-the-board increases in freight rates, beginning October 1, 2015. According to member lines of the Transpacific Stabilization Agreement (TSA), the scheduled action reflects the trade’s recovery from congestion challenges earlier in the year; a strengthening market heading into what is typically the […]