The outlook for container shipping may have suggested a softening market, but the current market is surprisingly volatile, with emergency surcharges imposed from 1st June. Here’s what you need to do to protect your supply chain………
North American supply chains are experiencing massive disruption as bad weather continues to impact operations and port delays are exacerbated by a shortage of haulage capacity that is so bad, shippers are snooping to find potential hauliers.
While Hyundai Merchant Marine gets ready to re-enter the Asia/Europe trade with the route’s smallest ships, 2018 is set to be the year of the ultra-large containership, with 53 ships larger than 13,500 TEU scheduled for delivery in the coming months.
Schedule reliability is critical and can cause huge problems if it declines because a vessel is delayed, a sailing omitted, or a container rolled. All typical scenarios in the period before and after the Chinese New Year holidays which start this week.
While most shippers have probably incurred the expense of demurrage and detention, the charges are not well understood.