Supply Chain

The first seven weeks of 2023 has seen 50+ Asia-Europe westbound sailings cancelled, with the chance that carriers could decide to blank more sailings if demand continues to decrease more than expected. According to Alphaliner, Ocean Alliance members CMA CGM, Cosco, OOCL and Evergreen have voided...

China has agreed to a meeting with Australia's Trade Minister Don Farrell, raising wine exporters' hopes that current trade restrictions may be lifted, allowing for the free flow of Australian wine into the Chinese market. These trade restrictions, put into place in March 2021 amid rising...

The Australian Maritime Safety Authority (AMSA) is currently conducting compliance sampling of containers to verify that the Verified Gross Mass (VGM) requirements of Marine Order 42 (Carriage, stowage and securing of cargoes and containers) 2016 ('MO42') are being met. The MO42 requires shippers to ensure that...

Whilst contract negotiations are well underway with eight of the 12 unions reaching approved contracts, four unions representing 60,000 rail workers have voted down the tentative agreement that had been negotiated in September with the participation of a White House appointed mediation panel.   This move exponentially increases...

Protracted labour negotiations, industrial action and workplace shutdowns attributed to the International Longshore and Warehouse Union (ILWU) are causing unease for exporters across Western USA ports.   As negotiations continue with few signs of progress, there is increasing concern amongst exporters as they attempt to deal with...

Recent data from shipping analyst Sea-Intelligence indicates that the global "empty container problem" is intensifying, with the transportation time between cargo being ready for export and the importer taking delivery increasing from an average of 45 days (pre-pandemic) to 112 days at its peak in...

According to ocean shipping analyst Sea-Intelligence, freight rates are due for a decline in response to reduced vessel utilisation rates, which have been on a downward trend since their spike in the peak season of 2020. Vessel utilisation rates correspond to spot rates. Once utilisation rates...

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