The Dispatch - Issue #21

Mark Woolnough -

Rates

XSI® - C

Report a figure of $10,345 per 40’ container (FEU) dated 23/05/22 (down 0.20% WoW)

FBX

Report a figure of $10,583 per 40’ container (FEU) dated 27/05/22 (down 0% WoW)

News

Anger as terminal operators impose new customs charge on UK imports - The Loadstar
UK ports have begun charging “customs clearance fees” in what a source claims is an effort to recoup lost investment in border control posts due to delays to phytosanitary procedures. Ports in London, Southampton, Teesport and Tilbury are levying the new fees, ranging from £17-£25 ($21-$31) per entr…
The LoadstarAlex Whiteman
Shippers will pay up to £25.45 for a customs examination per entry. And fee schedules from CNS, which serves as the port community system for DP World London and DP World Southampton, would be imposing customs examination fees of £18.74 per entry, as well as the removal fees.
Carriers’ golden summer may be turning into autumn as profits plateau - The Loadstar
There was another new record for ocean carrier earnings in Q1, but with operating costs spiralling and spot rates starting to head south, liner profitability may have plateaued. With results from CMA CGM still to come, consultancy Blue Alpha Capital has estimated Q1 net earnings of the major ocean c…
The LoadstarMike Wackett
There was another new record for ocean carrier earnings in Q1, but with operating costs spiralling and spot rates starting to head south, liner profitability may have plateaued.
Shippers cry ‘foul’, but regulators see no evidence of carrier rate-fixing - The Loadstar
Complaints from forwarders about the actions of ocean carriers on pricing and demurrage and detention (D&D) charges, were the final agenda item for Chinese, African, European and US regulator panellists at FIATA’s final HQ meeting session on Friday. Earlier, the regulators agreed they had found no e…
The LoadstarMike Wackett
This said the representative, identified a “black market” for rates, which he argued was the main reason why they had escalated.

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