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Search resuls for: "Christian Roeloffs"


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[1/3] A general view shows Haifa Port, which is to be sold to India's Adani Ports and local partner Gadot in Haifa, Israel July 24, 2022. Ashdod port has imposed restrictions on the transport of hazardous materials which has meant slower transits. Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data. "The Suez Canal, a critical waterway for various commercial vessels, including container ships, may face disruptions," Container xChange CEO Christian Roeloffs said. The Marshall Islands registry, one of the world's top shipping flags, last week raised the security level for Israel's ports and its territorial waters to their highest.
Persons: Gadot, Ilan Rosenberg, Christian Roeloffs, Jonathan Saul, Ari Rabinovitch, David Evans, Louise Heavens Organizations: Haifa Port, Adani, REUTERS, Rights, Israel's, Port, MSC, Ministry, Marshall, Thomson Locations: Haifa, Israel, Gaza, Ashkelon, Ashdod, Port, Port of Haifa, , Israel's, Suez, Hormuz, United States, Arabian, Strait, Gulf of Oman and Red, Jerusalem
CNN —Shipping containers from China are “piling up” in Russia amid a surge of Chinese goods flowing into the country as trade soars, a new analysis has found. Russia has an extra 150,000 shipping containers that importers are scrambling to return to China, logistics platform Container xChange said in a report released Thursday, citing information provided by a customer. “There is significant cargo movement from China into Russia but very scarce movement back to China from Russia. Containers are piling up in Russia which means that the secondhand container prices are very low in Russia,” CEO Christian Roeloffs said in the report. The type of goods exchanged is contributing to the surplus of shipping containers in Russia, according to Container xChange.
Persons: Christian Roeloffs, Vladimir Putin, Xi Jinping Organizations: CNN — Shipping, xChange, Imports, Organization of, Petroleum, International Energy Agency Locations: China, Russia, Ukraine, United States, Moscow, West, Beijing, India, Asia
Trends in global supply chains continue to flip as container prices fall and container depots fill up, logistics data show. Sasin Tipchai | 500Px | Getty ImagesWhile there was a shortage of containers at the height of the pandemic, the global economy is now facing the opposite problem: too many containers. It points to more signs of falling global demand and an impending economic slowdown. Turning away new clientsItalian container depot owner Sogese chief executive Andrea Monti told Container xChange his depots are full. watch nowMonti told Container xChange that the peak season of goods shipments — as Christmas looms — "technically did not happen this year."
After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, logistics data shows. Container freight rates, which soared to record prices at the height of the pandemic, have been falling rapidly and container shipments on routes between Asia and the U.S. have also plunged, data shows. "On the other hand, the congestion is easing with vessel waiting times reducing, ports operating at less capacity, and the container turnaround times decreasing which ultimately, frees up the capacity in the market." The latest Drewry composite World Container Index — a key benchmark for container prices — is $3,689 per 40-foot container. That's 64% lower than the same time last September after falling 32 weeks in a row, Drewry said in a recent update.
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