磐聚网调研 — Panjiva

Orient Overseas joins ZIM in raising cash, competition remains fierce

January 25, 2021

Orient Overseas has filed with the Hong Kong Stock Exchange to raise HK$933 million ($120 million) in new equity. That comes at the same time as a proposed NYSE listing of fellow container line ZIM Shipping which has filed to raise as much as $383 million. Both are looking to raise money to fi... Read more →

Maersk Essen diversion could eat into supplies for LG Electronics, Puma

January 22, 2021

Maersk’s container vessel Maersk Essen has lost around 750 containers in a Pacific ocean storm while sailing eastbound to Los Angeles and has been diverted to Lazaro Cardenas in Mexico. There’s been a string of losses among ultra-large container ships recently, including ONE’s Apus, that may r... Read more →

South Korean shipyards win in December as China suffers setbacks

January 21, 2021

South Korea’s shipyards reportedly won 42.6% of new orders globally in 2020, beating Chinese yards’ 41.2%. A recovery in industry orders hasn’t obviated the need for consolidation though with the merger of Hyundai Heavy Industries and Daewoo Shipbuilding still on track for late H1’21. South Ko... Read more →

Empty container shipments surge, logistics decongestion far from complete

January 20, 2021

The container shipping industry is beset by an equipment imbalance regarding empty containers which could take much of the remainder of Q1’21 to unwind. The container-lines have had to tread a careful line between repositioning empty containers rapidly and drawing the ire of regulators if expo... Read more →

Expeditors, UPS shift more phones, PCs as spend beats speed in air-to-sea switch

January 20, 2021

A continued shortage of air freight capacity versus demand has led Lufthansa to suspend its guaranteed service offering. While demand might slacken during the lunar new year there is been a considerable degree of congestion in the global logistics sector to unwind. There’s evidence that the su... Read more →

Containers, not consumption may be the challenge for cocoa

January 20, 2021

Global chocolate supply chains have been disrupted by the pandemic including an initial drop in demand, according to Cote d’Ivoire’s cocoa regulatory authority, while a shortage of containers has led to stockpiling at ports and a call for farmers to retain stocks for now. There is an inherent ... Read more →

Dalian pulls the plug on reefer imports as meat demand soars

January 18, 2021

The port of Dalian, China, has stopped accepting refrigerated container freight deliveries due to a lack of shore power plugs that has resulted in a surge in demand and ongoing imbalances in the global container shipping industry. Hapag-Lloyd has indicated shipments will need to be diverted to... Read more →

Import tide may be turning but rail networks remain out of balance

January 18, 2021

The U.S. rail freight network continues to be out of balance due to an earlier flood of imports during the peak shipping season. While Union Pacific has reportedly terminated its surcharges for carrying freight away from the ports of LA, Oakland and Seattle / Tacoma, BNSF is still suffering a ... Read more →

Break bulk recovery proves elusive as vehicle imports languish

January 14, 2021

The vehicle and construction equipment shipping services sector had a challenging 2020 and is only just starting to recover. Wallenius Wilhelmsen is bringing nine of its 16 vessels out of cold layup but “maintains its cautious volume outlook” while Grimaldi is due to take delivery of three new... Read more →

New port strategies needed with congestion worst at larger facilities

January 14, 2021

Hapag-Lloyd has detailed a series of congestion issues at North American ports including delays at Los Angeles / Long Beach expected to last until February and hold ups of several days at New York. A COVID-19 linked shortage of staff and a 20.6% year over year surge in U.S. seaborne imports in... Read more →

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