Freightos
OCTOBER 11, 2023
For the transpacific, rates falling sharply on gradually declining volumes and alongside continued, significant capacity management measures by carriers point to overcapacity as the main driver of the current rate slumps, with excess capacity a major contributor to falling rates on the other lanes as well.
Freightos
DECEMBER 6, 2023
The Suez is facing a different set of challenges though, as Houthis in Yemen attacked three more vessels – two bulk carriers, and an OOCL container vessel they determined to have links to Israeli-ownership – and a US Navy ship on Sunday.
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Freightos
NOVEMBER 28, 2023
Carriers have been reducing capacity through blank sailings and other measures in response. Europe capacity by 21% in November (with a 24% reduction announced so far for December), capacity still remained 11% higher than in 2019, showing that growing fleets and easing demand are combining to challenge rate increase attempts.
Abivin
DECEMBER 5, 2022
Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints (or bottlenecks) are a term used to describe the most crucial strategic marine routes because they: Capacity limitations. In 1956, Israel, France, and Britain invaded Egypt as a result.
Freightos
DECEMBER 13, 2023
Rates maintaining or exceeding their recent gains would likely be a function of stricter capacity reductions aimed at getting prices up during long-term contract negotiations, though there are also signs that demand will start to improve ahead of Lunar New Year.
Kinaxis
MAY 24, 2018
Direct to consumer online shop launched with fully functioning billing, payment, shipping capabilities. The rise in computational power and storage capacity is making it practical for organizations to create a digital copy of their entire end-to-end supply chain in the cloud with all the data and knowledge of the business.
Freightos
DECEMBER 19, 2023
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.
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