NEARLY 15% OF THE WORLD’S CARGO SHIPS ANCHORED EMPTY OFF THE COAST OF SINGAPORE
Over 500 modern container and bulk ships are anchored off the coast of Singapore. This is the busiest time of the year for shipping and in fact for many years shippers pay a freight premium to ensure their goods are delivered in time for the busy Christmas season. Not so anymore. It appears the shipping [...]
SINGAPORE AND THE PHILIPPINES ARE CASHING IN ON SHIPPING
With international trade now in double digit percentage decline, as ships unload their last cargoes they head back to Asia in ballast to await their fate. And Singapore and the Philippines are welcoming them with open arms because it is a lucrative business. Already over a thousand large container ships are anchored in their ports. [...]
Another Weekend in Los Angeles Without UPS
Bookings to Australia are very heavy and many customers have decided that “first up, best dressed” will reduce the possibility of their freight getting hung up en route to Aussie. All three stations are reporting lots of weekend freight already sitting on the dock awaiting consolidation. Greg Melissinos, our Eastern region V.P. has been assured [...]
Space Situation to South Pacific This Weekend
Unlike last weekend, where we handled a record tonnage into Australia, this weekend appears to be closer to normal. We have secured space on Singapore Airlines to SYD/MEL and Japan Air Lines tell us, the TYO backlog is now cleared from last weekend and our BNE consolidations will ride as booked. Air New Zealand has [...]
-
Share
Our Photos
