Very much to our surprise Evergreen today announced a congestion surcharge for the port of loading Rotterdam in the westbound trade to USA. The reason for this surcharge are these news: Europe’s busiest box port, Rotterdam, is facing weeks of congestion as one of its main terminals completes an upgrade and the impact of [...]
OL is very proud to report that the agency meeting in Hamburg was a big success! More than 60 partners joined us in the Madison hotel in Hamburg and built up connections, business and friendship! This meeting shows again that it is not the internet that runs today's business, in the shipping industry personal relationships [...]
Please take note that with immediate effect, HS Code requirement is now enforced for all cargoes entering or to be transshipped at German ports. Our customers are kindly asked to provide valid and accurate HS Code of each cargo item in the Shipping Instruction at the loading end, failure of which may result in cargo clearance [...]
We were just informed by Hamburg Sued that the Argentinian Government has announced an Advance Manifest System with the following details: Effective as from May 28th the government of Argentina has introduced the implementation of the requirement of Advanced Manifest Filing. The manifests for shipments arriving to any Argentine port must be submitted to the [...]
We were just now informed that Hamburg Sued intends to increase the rates to South America West Coast as of July 1st, 2014. The announced numbers are: EUR 150/20’ equipment EUR 300/40’ equipment We will keep you informed.
China’s 24 hour Advance Manifest Regulation Update- Shanghai Shanghai Customs advised that the advance manifest submission will be mandatory for all China import cargoes that are discharged or transshipped at Shanghai port with effect from 3rd June 2014, thereafter Do Not Load (DNL) and Do Not Unload (DNU) messages may be issued at the discretion [...]
It has become a standard procedure in this trade to constantly announce GRIs, some of which really happen, just to finally talk the rates down again over the weeks thereafter. Following this tradition, we just got another GRI announcement for July 1st! Let us see, how far the rates will be talked down up to [...]
Agents from at least 50 nations will come to Hamburg in the early days of June for the big annual agency meeting 2014! It is an incredible success for the actively managed OL network that so many agents want to meet their partners to futher improve the cooperation and to develop new business for the [...]
We see more and more notices coming in from the lines where big rate increases are announced. The GRIs are presently set to take place on July 1st, 2014, more or less directly before summer vacations will start. We are very curious to see, what will happen! As mentioned in our previous Newsletter, the big [...]
The market situation on the Transatlantic westbound seems to be governed by pretty full ships, this to avoid the term “overbooked ships”! Some US West Coast cargo can only be booked for the earliest sailing in July, capacities to the East Coast are also pretty full, but not as much as to the West Coast. [...]
