Emily

The launch of unusual one-off ship charters by forwarders DSV Panalpina and Geodis underscores the urgent need for guaranteed Asia-Europe capacity in a chronically constrained market where few options are available. With demand outstripping container vessel space and equipment in short supply, traditional alternatives to ocean freight such as air, intermodal rail, and trucking outbound …

Chaotic ocean market driving forwarder ship charters Read More »

Semiconductors will be in short supply for some time to come yet, according to analysts that monitor the industry. Today, chips are in everything from PlayStation 5s and toothbrushes to washing machines and alarm clocks. But there’s not enough to go around – it’s a multifaceted issue that shows no signs of abating, leading some …

The Global Chip Shortage Could Last Until 2023 Read More »

The world risks “running out of copper” amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted inventories measured in tons are now at levels seen 15 years ago, implying that stocks …

Copper Is ‘The New Oil’ And Low Inventories Could Push It to $20,000 Per Ton, Analysts Say Read More »

China’s aluminum prices will rise steadily and domestic smelters will continue to enjoy healthy profit margins in the first half of 2021 thanks to production curbs and destocking driven by economic recovery and strong demand, Henan Shenhuo Group’s chairman Li Wei said on the sidelines of the National People’s Congress and the Chinese People’s Political …

China’s Aluminum Prices To Rise Steadily in H1 2021 Read More »

The ongoing global chip shortage has roiled the automotive and consumer technology industries for months. But the ripple effects of the crisis, which could last into 2022, stretch far beyond automakers idling plants and consumers waiting longer for the latest gaming consoles. According to an analysis by Goldman Sachs (GS), the semiconductor shortage touches a …

Lighting Industry Is Being Hit by the Global Chip Shortage Read More »

More liner disruption caused by the week-long Suez blockage has pushed freight rates upwards again with the SCFI reaching a new historical high on 23 April. Traffic through the Suez Canal was blocked for 6.5 days by the grounded vessel EVER GIVEN (20,388 TEU). This blockage delayed many ships by one or two weeks, forcing …

Suez Canal Blockade Pushes Freight Rates Further Upwards Read More »