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Will Waters

Latest From Will Waters

Ocean rate hikes threaten price inflation

Shippers of low-value cargo can often find the cost of freight is higher than the value of the goods transported. If freight rates do not moderate, prices will likely rise

Europe United Kingdom

Demurrage and detention charges double in a year

Average fees at the leading 20 container ports are up 104% compared with a year ago as carriers press to keep containers moving. Shippers at Long Beach are facing average fees of $2,638 two weeks after discharge, compared with just $132 at Busan

International Containers

Samskip expands Amsterdam-Ireland shortsea capacity

More customers seek to avoid the post-Brexit ‘hassles of UK distribution’. Shortsea service avoids having to use land bridge to Europe

Europe Ireland

Asia–Europe ocean freight contract rates start 2021 with record rise

Long-term Asia–Europe ocean freight contract rates are off to a flying start. Congestion is reducing already strained capacity

Asia Pacific Europe

End to box shortage may be in sight

High demand and supply chain disruption during the pandemic have led to a shortage of equipment in key export markets. But indicators suggest the problem may ease soon

International Containers

Container lines set to blank fewer sailings

Less than six weeks before the usual annual shutdown of China’s manufacturing production and the slowdown of the ocean logistics systems that support it, container lines have only cut a small number of services

International Containers
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