Supply Chain Council of European Union | Scceu.org
Transportation

Equipment shortages lead to more boxes being shipped on other vessels than planned

Shippers are increasingly seeing their cargoes being shipped by other vessels than originally planned due to the global shortage of empty containers, shows a new analysis by Ocean Insights, a German analyst and consultancy firm for shippers.

The lack of empty containers has been a hot topic in recent months. Following the coronavirus crisis, demand for Chinese goods has soared, leading to a significant jump in demand for container freight. But this demand shift has led to equipment shortages in several places around the world, ultimately causing problems for the shipping lines’ customers.

Related posts

2020 Distinguished Woman in Logistics Award

scceu

SEA-LNG Reports LNG Ships Offer Long-Term Carbon Rating Advantage

scceu

The oil floating storage trade is on after crude’s latest tumble

scceu