Newsletter 31/2024: Snippets from the logistics market and an extraordinary offer

In the run-up to Christmas, we bring you a few snippets from the world of logistics, this time in a slightly positive spirit. And we offer an interesting opportunity for imports from Ningbo in the sense of a super fast shipping service, which we hope will start a new trend and you can be there with us!

IMPORTS FROM THE FAR EAST

As you know from our previous newsletters, imports from the Far East, especially their speed and overall transit time, are influenced by several factors. Sea freight is currently in a phase of changing services and unreliable "schedules" with an average delay of over 6 days. We also recall the further planned slowdown of ships to mitigate the impact of the carbon footprint tax increase. How many more days this will ultimately be in real terms we will see next year, but we will try to estimate further. Faster train services on the so-called northern route face sanctions in place. So not only are we seeing the development of the so-called southern train route, but alternative offshore products are also starting to emerge. 

SUPER
EXPRESS
SHIPPING FROM NINGBO

35 days Ningbo - Czech Republic / Slovakia

Scheduled departure from Ningbo 31/12/2024.
Closing is set for 26/12/2024.

For further information or a specific quote

please contact us at sales@wakestone.cz.

STRIKE IN INDIAN PORTS SPARKED

Fears of a strike to hit Indian ports are over. With the new five-year union agreement finally approved, the mounting tensions at India's major ports have passed.

The leadership of the six leading port workers' unions had threatened to enforce a work stoppage from December 17 to meet rising wage and pension demands. They had earlier arranged these with the port management, but lacked the blessings of the government and government organisations.

Thus, the union leaders are expected to make an official statement today regarding the withdrawal of the strike notice.

Hopefully, unionists in the US will take a cue from the outcome of the negotiations and at least return to the negotiating table.

RAIL TRANSPORT

You also ask us how the Russian embargo on certain goods affects the situation in the train connection via the northern route. The positive news is that some outflow of goods has freed up space and this seems to have a positive effect on most transit times. There are, of course, exceptions where there are checks on sanctioned goods or goods suspected of circumventing sanctions. The good news is that the whole train is not stopped and obstructed during the confirmation, but only that carriage carrying 2 containers. Perhaps due to the careful clearance based on Chinese HS codes, we have so far avoided such a situation and therefore cannot comment on the subsequent course of the stoppage.

SLOW-STEAMING CONTAINER SHIPS

Let us also briefly return to the information about further slow-steaming of container ships. In short, shipowners are behaving pragmatically and economically and, with the rising cost of green taxes on the actual carbon footprint, are slowing down and thus reducing their footprint, and hence tax and expenditure.

How much they have slowed down is shown by the following graphs of the change in average speed or velocity from 2012 to today.