Congestion paralyzes Chittagong port

The Chittagong port is in desperate need of infrastructure improvements. Severe congestion in Bangladesh’s prime seaport Chittagong caused by low draft and broken ship-to-shore gantry cranes has crippled loading and unloading, nearly doubling the average time ships spend in port, and there’s no immediate solution on hand. Click to Enlarge The congestion, which… Journal of Commerce | International Logistics

China plan to ban waste imports threatens US exports

China’s ban on waste imports would have wide-ranging implications were it to take effect. China’s notification to the World Trade Organization(WTO) that it will no longer import solid waste by the end of this year imperils 8.2 percent, or nearly 1 million TEU, of all US exports, according to an analysis… Journal of Commerce | International Logistics

Asia-Mediterranean trade outpacing forecasts

Growth at Mediterranean ports such as Genoa has been beating expectations. Container traffic on the Asia-to-Mediterranean route has outpaced forecasts, but the phasing in of larger vessels will put on pressure on spot freight rates towards the end of the year, according to Drewry Shipping Consultants. Traffic growth has risen from 5.6… Journal of Commerce | International Logistics

US exporters tapping new DDG markets hurts container volumes

Shipping dried distillers grains is marked by uncertainty after aggressive trade actions in Asia. Trade disputes with their primary customers China and Vietnam are driving US exporters of dried distillers grains (DDGs) to overhaul their supply chains, tapping new markets from Turkey to Thailand that not only require a shift from… Journal of Commerce | International Logistics

Longer US auto factory closures bodes poorly for trade

The market for US tire imports is less reliant on vehicle production than that for auto parts. Automakers in the United States are keeping plants closed longer during regularly scheduled intermissions this summer because of declining auto sales — a move expected to accelerate the decline of vehicle exports and auto… Journal of Commerce | International Logistics

Deal paves way for direct Bangladesh-China services

Shippers needing access to Bangladesh to and from China will be able to reduce their use of transshipment. Bangladesh and China are laying the groundwork for direct container services between Kunming and Pangaon Inland Container Terminal (PICT), a move that would give shippers of both countries cheaper and faster transits than… Journal of Commerce | Regulation & Policy

Belt and Road to ease container shipping overcapacity

The port of Colombo is a key node in China’s Belt and Road. The container shipping industry is starting to feel the benefits of firmer demand in a strengthening global economy, which together with industry consolidation and China’s Belt and Road initiative, is driving more positive sentiment among industry stakeholders, according… Journal of Commerce | International Logistics

No rapid rise of US beef exports to China expected as market opens

US beef will soon be available in Chinese markets and grocery stores. DALIAN — The first consignment of US beef to be imported by China in 14 years is just days away from arriving in the country following a trade deal reached between the two countries that once again puts the… Journal of Commerce | International Logistics

Peak season so far providing no fillip for Asia-Europe spot rates

The peak season has yet to materialize on the Asia-Europe trade. July rate increases and peak season surcharges from some carriers have been unable to push up the spot market on the Asia-Europe and Asia-Mediterranean trades with freight rates declining for the second consecutive week.Shanghai-North Europe spot rates fell $ 30 to… Journal of Commerce | International Logistics

Trans-Pac spot rates slip as peak season warms up

The trans-Pacific trade is gearing up for the peak season. Spot rates in the eastbound Pacific declined slightly for the second consecutive week, although the 2 percent drop to the East Coast reflects a tightening of capacity, whereas the 5 percent decline to the West Coast indicates that the bigger ships… Journal of Commerce | International Logistics