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By Douglas K at 03:12PM ET | December 2, 2021
The trend of increased capacity to Oceania from the region’s largest trading partner, Asia, remains in the recent months. The capacity has increased by nearly 8 percent since the end of July this year. The Oceania nations of Australia and New Zealand have recently revealed trade statistics showing their differing balances ...
By Douglas K at 02:11PM ET | November 24, 2021
Over the past few months, port congestion has persistently been affecting container terminals and services along the east coast of North America. As a result, service rotations have been adjusted and capacity has been slightly on the decline while the demand remains high. According to Hapag-Lloyd , the east coast port congestion has been persisting throughout the east coast ports ...
By Douglas K at 04:11PM ET | November 18, 2021
Throughout this year, container volumes have been rising throughout the largest ports of North Europe and the Mediterranean. In Q3 2021, the largest container port in North Europe, Rotterdam, reported an increase in container throughput. In the first nine months of 2021, the volume of TEUs increased by 7 ...
By Douglas K at 03:11PM ET | November 11, 2021
Over the past month, capacity along the major trade lanes servicing South America have overall increased, while few have slightly decreased. In recent times, South American economies have strengthened ties with China and their reliance on goods from the Asian country, which has led to an increase in capacity from Asia. Using BlueWater Reporting’s Capacity Report , the above chart lays out the major trades to South America, divided between east and west coasts ...
By Douglas K at 03:11PM ET | November 4, 2021
The West Coast ports of North America are continuing to be affected by the traffic jam of container vessels waiting to berth. The ports of Los Angeles/Long Beach and the Northwest Seaport Alliance (NWSA) have introduced new measures to address this growing issue. At the ports of LAX/LGB, according to Hapag-Lloyd , vessels on some services in October were experiencing a combined wait and berthing time up to 23 days ...
By Douglas K at 03:10PM ET | October 28, 2021
The capacity from Oceania’s largest trading partner, Asia, has been increasing over the past few months and year-over-year. The carrier with the largest share of deployed capacity is OOCL, although CMA CGM is closely followed. The economies of Oceania are heavily dependent on trade to and from Asia, and with the continued postponement of an EU-Australia free trade deal, that looks to continue be the case, despite an ongoing trade dispute between Australia and China ...
By Douglas K at 03:10PM ET | October 21, 2021
Congestion has been rising in ports along the East Coast of North America. The Port of Savannah, one of the largest and busiest on the East Coast, has seen an increasing number of vessels anchored and waiting to berth. The congestion has recently reached a similar level to what ports along the West Coast have been experiencing over the past few months ...
By Douglas K at 12:10PM ET | October 14, 2021
The capacity along the Asia to Europe and Mediterranean route has been increasing,which has been the case for every major trade lane over the past few months. The capacity has been growing despite supply chain delays and port congestion at major East Asian and European ports. Using BlueWater Reporting’s Capacity Report , the above chart details the growth in capacity to North Europe and the Mediterranean from Asia since the last week of June 2021 ...
By Douglas K at 04:09PM ET | September 30, 2021
Capacity has been steadilyincreasing from Europe and the Mediterranean to North America over 2021. The demand for goods in North America was rising greatly, even prior to the current peak season which has exacerbated the growth in capacity further. Ports along the West Coast have been struggling with congestion issues caused by the increased demand ...
By Douglas K at 04:09PM ET | September 23, 2021
The capacity to South America from Asia, the region’s largest trading partner, has dipped slightly recently. The changes vary when looking at the East Coast and West Coast of the continent. Maersk Line is the largest carrier in the world, and that is also the case along the Asia to South America trade route ...