Monthly Archives for June 2017

Brazil poultry shippers in a flap over Itajai port closure This ship was one of the last to make it out of the port of Itajai before its closure. Shippers using the south Brazilian port of Itajai and other southern ports are facing expensive delays and storage costs as severe rainstorms and strong river currents […]

Trans-Pacific spot market ends four-week decline Spot rates on the east-west trades took divergent paths this week. Spot market freight rates on the major East-West trade lanes were heading in different directions this week, with the trans-Pacific arresting a four-week decline and Asia-Europe losing its June 1 increases.On the trans-Pacific trades, the spot rate ended […]

Wastepaper exports find new markets as Chinese economy evolves US wastepaper is sent to China for recycling and repurposing for a wide variety of uses. Although Northeast Asia, primarily China, remains by far the largest market for US scrap paper exports, commanding 83.7 percent of the trade, Southeast Asia and the Indian Subcontinent are growing […]

Spanish dockworkers to strike next week Spanish ports such as Cadiz will come to a standstill next week. Spanish dockworkers will strike for three days next week to protest government plans to liberalize the hiring of workers in the nation’s ports. The dockworkers’ union said the strikes will take place on Monday, Wednesday, and Friday […]

Analysis: China to shape international trade via Belt and Road China’s investment in ports as far afield as Piraeus, Greece, hold serious implications for US corporations, consumers, and supply chains. Belt and Road’s potential impact on international trade — cargo volume and velocity, shipping routes, supply chain reliability and transparency — has strategic benefits and […]

Video: Spotmarket Alternative, NYSHEX Examined At TPM 2017, a panel discussion examined the New York Shipping Exchange, or NYSHEX, a new digital way of contracting that aims to address dysfunctional issues at the core of the current model. In an interview with JOC.com, CEO Gordon Downes discussed the problems this initiative aims to solve, and… […]