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Category: Supply Chain Disruption

GAVA GROUPNewsSupply Chain Disruption
26 Mar 2022
0 Comments By GV Ocean Freight Services, Supply Chain Disruption

Shipping Group Warns of More Supply Chain Disruption if Free Movement of Ukrainian and Russian Seafarers is Impeded

The International Chamber of Shipping is calling on shipping stakeholders and governments to help prevent Russian and Ukrainian seafarers from becoming ‘collateral damage’ in the conflict between Russia and Ukraine. According to a 2021 report published by BIMCO and ICS, there are 1.89 million seafarers operating over 74,000 vessels in the global merchant fleet. The report estimates that 10.5% […]

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22 Mar 2022
0 Comments By GV Congestion, Supply Chain Disruption

Chinese port congestion worsens

Shenzhen might have got through the worst of another Covid lockdown, but the ripple effects of China’s battle with omicron are seeing ships back up along the nation’s coastline with carriers forced to change schedules to avoid growing congestion issues. Shenzhen came out of a seven-day lockdown yesterday, and while its port workers were allowed […]

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19 Mar 2022
0 Comments By GV Air Cargo, Covid19, Ocean Freight Services, Supply Chain Disruption

Zero Covid lockdowns to cause greater damage to China’s supply chain than the Russia-Ukraine crisis

After two weeks since Russia’s invasion of Ukraine, there seems to be a negligible impact on the container prices and leasing rates in China. Container availability has improved soon after the Chinese New Year until Friday across key ports in China. However, with the announcement of nationwide lockdowns, the supply chain must prepare for another […]

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17 Mar 2022
0 Comments By GV Congestion, Supply Chain Disruption

Equipment shortage flares up in Bangladesh amid Chinese lockdown and Russian war

As an impact of the Chinese New Year linked import slowdown from China, followed by the latest Covid connected lockdown in various Chinese provinces, and the Russian invasion in Ukraine, Bangladesh’s shipping circle is facing severe equipment shortage. Ship liners fear a further spike of box shortages in the coming weeks as the situation further […]

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11 Mar 2022
0 Comments By GV Congestion, Ocean Freight Services, Supply Chain Disruption

Return of blanked Asia-Europe sailings as carriers bid to get back on schedule

The spectre of blank sailings may be about to return to haunt shippers and forwarders on the Asia-Europe trades, as carrier begin to cancel departures in an effort to restore schedule reliability. Japanese carrier ONE this morning told customers THE Alliance would cancel three sailings on the FE2 and FE3 service departing Asia at the […]

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09 Mar 2022
0 Comments By GV Congestion, Supply Chain Disruption

Demand and Congestion Drive Up Trans-Pacific Contract Rates

Vessel capacity and service have been prioritized above price. Retailers and Importers have signed long-term contracts at significantly higher levels in Trans-Pacific Eastbound trades than in previous years, Xeneta reported. Rates have continued to climb the past two months even as contract negotiations continue. “Trans-Pacific contracts are catching up with spot market rates,” Alan Murphy, […]

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