Transolve Global | Shipping Containers

15 May Middle East Volatility Impacts China’s Shipping Futures

Posted at 20:11h in China, Global Port Update, Global Trade, Ocean Freight, Shipping, Shipping Containers by susan pop 0 Comments

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The collapse of the Middle East peace talks has seen China's container shipping futures rally, with interest up 15% from the previous week, potentially indicating shippers belief that rates will stay elevated. In addition, Linerlytica's latest report revealed that spot market rates have risen by almost...

07 Dec Transolve Bulks Up Flexitank Offering

Posted at 00:38h in Flexitank, Logistics, Logistics Solutions, Shipping, Shipping Containers by susan pop 0 Comments

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As market leaders in the bulk liquid space, we are excited to announce the addition of the largest flexi tanks available in the market to our fleet. This ground-breaking flexitank can transport up to 27,000 litres of bulk liquid across the globe safely, securely and with...

07 Dec As Lower Rates Persist, High Service Levels Will Desist

Posted at 00:08h in Freight Rates, Ocean Freight, Shipping, Shipping Containers by susan pop 0 Comments

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Whilst businesses may reap the benefits of lower rates, they may also experience a decrease in service levels and vessel schedule reliability as shipping lines adopt measures such as blank sailings and cancelled services in a bid to manage excess capacity. With capacity anticipated to increase...

07 Dec Panama Canal Update

Posted at 00:05h in Panama Canal, Shipping, Shipping Containers by susan pop 0 Comments

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Due to ongoing drought and low water levels, authorities have announced that the Panama Canal has further reduced the maximum number of ships travelling the waterway to 31 per day, (down from a daily limit of 35 during normal conditions), as well decreasing the allowable...

06 Dec Canada’s Ports Progress Report

Posted at 23:51h in Shipping, Shipping Containers by susan pop 0 Comments

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Following the recent agreement between the International Longshore and Warehouse Union (ILWU) Canada and British Columbia Maritime Employers (BCMEA), which saw all Industrial Action cease, the impacted ports of Vancouver and Prince Rupert are clearing out container backlogs that accumulated throughout this period. Substantial progress...

06 Dec Reefer Trades Remain Resilient

Posted at 23:48h in Ocean Freight, Shipping, Shipping Containers by susan pop 0 Comments

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According to maritime consultancy Drewry, reefer container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in reefer seaborne trade last year, with the pattern is expected to continue over the next few years. Despite facing adverse factors such as weaker cargo...

06 Dec Panama Canal Still Causing Delays

Posted at 23:36h in Freight Forwarders, Freight Forwarding, Panama Canal, Shipping, Shipping Containers by susan pop 0 Comments

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As previously notified, low water levels on the critically important Panama Canal have prompted the Central American country to reduce the number of vessels that pass through the key global trade route. Each day an average of 32 ships is allowed to pass through, which...

15 Aug The truth about the peak season ahead

Posted at 17:48h in Business, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Logistics Solutions, Ocean Freight, Ports, Shipping, Shipping Containers, Supply Chain, Trade Volume, World Container Index by Susan 0 Comments

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There's been substantial commentary around the lack of a perceived peak season in 2023 however given the rapidly changing situation across the ocean's trade routes, how accurate does this claim continue to be? Whilst traditionally the premise of a peak season is based on the volume...

15 Aug VICT Container VGM Check Weighing – Weight Discrepancy Fee

Posted at 17:44h in Australia, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Ports, Shipping, Shipping Containers by Susan 0 Comments

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Since 1 June 2023, Victoria International Container Terminal (VICT) at Webb Dock, Melbourne has been applying a VGM Weight Discrepancy Fee for full import and export containers determined to have a variance over or under one tonne from the container's Verified Gross Mass (VGM) declared...

26 Jul World Container Index continues decline

Posted at 20:26h in Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Shipping, Shipping Containers, World Container Index by susan pop 0 Comments

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The latest update of Drewry’s composite World Container Index (WCI) has seen a weekly decrease by 2.7% to reach $1494.46 per 40-foot container whilst the composite index has dropped by 78.9% when compared to the same week last year. The index is now 86% below the...