Shipping

US imports from Asia increased for the fifth consecutive month in July, reaching 1.46 million TEUs  - the highest since September 2022. This increase reflects the increased probability that eastbound trans-Pacific trade will return to year-over-year import growth this upcoming peak season. Although total July imports from...

There's been substantial commentary around the lack of a perceived peak season in 2023 however given the rapidly changing situation across the ocean's trade routes, how accurate does this claim continue to be? Whilst traditionally the premise of a peak season is based on the volume...

Since 1 June 2023, Victoria International Container Terminal (VICT) at Webb Dock, Melbourne has been applying a VGM Weight Discrepancy Fee for full import and export containers determined to have a variance over or under one tonne from the container's Verified Gross Mass (VGM) declared...

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