Tag Archives: Shipping market

Container shipping lines smash profits of Big Tech

06/12/2021Cool Logistics November newsletter main story, Home Page News, Industry NewsShipping marketesther

Profits smash those of Facebook, Amazon, Netflix and Google

Photo by william william on Unsplash

Shipping liners are now earning more than some of the best-known household names in Big Tech. The industry has seen one of the biggest uptakes in net financial performance in recent years.

Source: Splash 24/7

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EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Maersk’s market update

29/09/2021Home Page News, Industry News, september industry newsShipping marketesther

Maerk's market update: congestion to continue and huge peak for air freight at year end

Photo by Andrey Sharpilo on Unsplash

Maersk predicts continued port congestion into Q4 and that the year-end air freight demand will be ‘one of the strongest peaks ever’. After one of the most challenging years ever for the supply chain, the year end will see a race to the finish with continued problems during peak season.

Source: Freshfruitportal.com

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Freight rates continue rising

20/07/2021Home Page News, Industry News, July newsletterShipping marketesther

Freight rates continue rising

Freight rates continue rising. The supply chain faces challenges on maritime routes to meet demand for cargo and raw materials. The challenges include container shortages and delayed shipments. The delays at Yantian port have caused problems for global trade.

Source: FPC FreshtalkDaily

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Shipping lines can’t cope with booming perishables trade

11/05/2021Cool Industry News, Cool News, Home Page News, Industry News, May newsletterPerishables, Shipping marketesther

According to shipping consultancy group Drewry, shipping lines are “far from coping” with the seasonal demands of perishables.

Photo by Andy Li on Unsplash

Reefer container freight rates are soaring, but shipping lines still can’t cope with the seasonal demands of perishables, according to shipping consultancy group Drewry.

With a big uptick in seasonal cargo demand together with rising bunker charges, a weighted average of rates across the top 15 “reefer-intensive” tradelanes jumped 26% in the first quarter, reported Drewry.

Tight container supply is adding to the problem and despite record reefer production levels, container shortages are expected to continue beyond 2021.

For customers, this presents a very challenging scenario.

Source: The Loadstar

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

SeaCube Containers CEO on global shipping and the food supply chain

04/05/2021Cool News, Home Page News, Industry News, May newsletterShipping marketesther

SeaCube Container's CEO Robert Sapphio talks ocean shipping and the impact of the Suez Canal blockage on the global food supply chain

Photo by Kinsey on Unsplash

Robert Sapphio, CEO of SeaCube Containers discusses ocean shipping and the repurcussions of the Suez Canal blockage on the global food supply chain with Food Logistics magazine.

Source: Food Logistics

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Seatrade and Jamaica Producers in joint-venture to take over Geest Line

20/04/2021April newsletter side story, Home Page News, Industry NewsShipping marketesther

Geest to be acquired by reefer shipping operator Seatrade with Jamaica Producers

Geest Line currently operates a transatlantic service between Caribbean ports, loading food exports, and Portsmouth in the UK and Vlissingen in the Netherlands.

One of the longest-serving names in UK Shipping, Geest’s purchase price is as yet undisclosed.

The acquisition supports Jamaica Producer’s planned strategy to build on its investment portfolio in Caribbean logistics and infrastructure.

Source: The Loadstar

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Hongkong International Terminals launches remote reefer container monitoring system

19/04/2021April newsletter, Cool Industry News, Home Page News, Industry NewsCold chain technology, Global ports, Shipping marketesther

New remote reefer monitoring system will provide round-the-clock automated remote management of reefer containers.

Hong Kong handled around 900,000 teu of reefer containers in 2020 and is the largest fresh fruit trading hub in South China, having achieved growth in durian and cherry shupments.

This new initiative will help provide greater visibility of container conditions, improving the port’s operational efficiency and increasing its global competitiveness.

Each year fresh produce worth US$3billion arrives at the port, of which 60% is onward-shipped to China.

Source: Container News

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

Ships Make the World Go…..

31/03/2021April newsletter side story, Home Page News, Industry NewsGlobal ports, Shipping marketesther

In a recent video released by BIMCO, we are reminded of the importance of shipping, without which life would be so very different.

Without shipping, life would be different. We would have limited access to a lot of the food we consume, pharmaceuticals, clothes and consumer goods, as around 90 percent of world trade is transported by ship. Around 1.7 million seafarers make it possible every day.

View the video here

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

Seatrade fleet expansion

Two new vessels added with delivery up to 2025 at Huanghai Shipyard located
in Shandong Province, China

SOHAR Port & Freezone expansion paves way for world’s mega ships

11/03/2021Home Page News, March NewsletterGlobal ports, Shipping marketsheenaking

Sohar Port & Freezone expansion paves way for world's mega ships

If the proposed expansion of the Sohar Port & Freezone goes ahead, it will establish the country’s status as a supply chain and logistics hub, by enabling it to welcome the world’s largest vessels in port, according to Hutchison Ports.

The proposal will form a key part of the Omar Vision 2040 and in conversation with Port Technology International, a spokesperson for Hutchison Ports Sohar said that the expansion is part of a wider strategy to place Oman on the map as home to some of the world’s most important international ports.

As well as creating local jobs and hopefully attracting foreign investment, the proposal will see the port capable of welcoming the world’s largest shipping lines with fleets of 23,000 TEU vessels.

Source: Port Technology International

Join the Cool Community

EU Head of Unit for Maritime Transport and Logistics to present Keynote at the 15th Cool Logistics Global Conference

Annika Kroon to feature in Genoa Conference taking place from October 10-12, 2023.

19/09/2023

Daikin collaborates to convert flower shipments from air to sea

Cutting floriculture industry transportation costs and carbon footprint

18/09/2023

Lineage Global Hiring Day event to fill 1,000 roles

Attendees can learn more about careers in the cold chain.

18/09/2023

Refrigerated trade reaches new record, led by growth in demand in China

11/03/2021Home Page News, March NewsletterReefer market, Shipping marketsheenaking

Refrigerated Trade reaches new record, led by growth in demand in China

11^th annual reefer analysis by Dynamar Shipping Information and Consultancy indicates worldwide refrigerated trade volumes reached a new high of 169.2 million in 2019.

The demand growth in China was reflected in the provisional figures, which indicated Chinese meat imports had risen by around 46% year-on-year. Strong growth was also reported in fishery products and fruit, while other major growth areas for refrigerated trade included Ecuador, with banana exports increasing once more, Brazil, on the back of strong meat exports and South Africa.

Source: Hellenic Shipping News

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Sohar Port & Freezone expansion paves way for world's mega ships

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