Customer advisory // global seafreight market update
- Lack of space on vessels and container availability have continued to grow in Asia and Europe
- Global demand continues to grow
- COVID-19 infections are still spreading among dockworkers and truck drivers
- Demand has been transferred to other supplier countries that are already facing space problems/container availability
- Ports, terminals and container depots are congested all over the world
- vessels cannot meet their schedules and transit plans
- Containers are not returned empty in time and therefore cannot be reused.
- Adapting ship schedules by omitting ports or delayed departures
- Implementation of surcharges and/or tariff increases and even termination of long-term contracts and agreements
- Reduction of freetime for demurrage / detention
- Adjusted and reduced cut off times and closings
- Cancellation of bookings and/or leaving containers in the port of departure without prior information (Cut + Run)
- Rolling of container shipments for sometimes several weeks
- Carriers make further rate adjustments
- It will be quite difficult to guarantee bookings, containers and ship space.
Therefore, we urge you to confirm your bookings as soon as our team has confirmed space and container availability. Increasingly, shipping companies are already moving to apply FIFO guidelines (First In, First Out), to charge administrative fees or to take negative account of short-term cancellations for future shipments.
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