Author: Shipco News Desk

Videos

The Importance of People in Logistics

In an industry increasingly driven by technology, Shipco Transport is firmly standing by its people-first philosophy. “For Shipco, our motto is ‘Freight is a people business’”, states Group CEO, Christian Mogelvang. “A people-first approach is key to how we operate.” As an NVOCC, Shipco is an asset-light organization by design, explains Global COO – Commercial,

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Videos

Organic Growth Promotes Stabilty at Shipco – Christian Mogelvang, Group CEO

Christian Mogelvang, Shipco’s Group CEO, shares how the organization’s commitment to being a reliable partner aligns with a prioritization of high service standards and a forward-thinking mindset. “At Shipco, we are deliberately choosing to grow organically. Through organic growth, our customers enjoy the benefits of stability, longevity, and predictability that comes with it. They are

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Articles

Ports of Rotterdam and Antwerp-Bruges Post Growth in H1 Volumes

Europe’s two biggest ports, Rotterdam and Antwerp-Bruges, saw increased freight volumes in the first half of 2024. Rotterdam handled 6.8 million TEUs, up 2.2% from last year, while Antwerp-Bruges handled 6.6 million TEUs, a 4.1% increase year-over-year. Rotterdam Port Authority CEO Boudewijn Siemons attributed the port’s growth to higher demand for consumer goods and an

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Articles

Asian Trade Hit by Vessel Shortages

The intra-Asia shipping market is experiencing a vessel shortage with smaller container ships being reassigned to more profitable long-haul routes. Consequently, it has increased freight rates significantly. Data from the Shanghai Containerized Freight Index shows that Shanghai-Southeast Asia rates have increased from $756 per TEU on July 12. According to the Korea Ocean Business Corp’s

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Articles

Have Container Shipping Rates Peaked?

According to Linerlytica, freight rates may have peaked and are leveling off. The company said new shipping capacity into the U.S. West Coast, North Europe, South America, and the Middle East has reduced pressures on these routes. Meanwhile, Linerlytica projects freight rates will stay high until the peak season ends in September. According to Linerlytica,

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Articles

Non-Alliance Ocean Carriers Gain Ground On East-West Trades

Independent container shipping services are gaining more market share on major East-West routes. Over the next three months, about a third of Trans-Pacific trade services offered will be outside of vessel-sharing agreements (VSAs), Sea-Intelligence said. Alan Murphy, Sea-Intelligence’s CEO, said that on the Asia-North America West Coast trade lane, nearly 30% of shipping capacity will

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Articles

Carriers Adding UK Port Calls to Reduce EU Carbon Fees?

Adding UK port stops on Asia-Europe trade routes might help shipping lines avoid high EU carbon taxes. Lars Jensen, CEO at Vespucci Maritime, noted that adding the UK as a port of call before or after entering the European Union (EU) has carriers paying less ETS carbon tax. Under the Emissions Trading System (ETS) rules,

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Articles

Non-Alliance Ocean Carriers Gain Ground On East-West Trades

Independent container shipping services are gaining more market share on major East-West routes. Over the next three months, about a third of Trans-Pacific trade services offered will be outside of vessel-sharing agreements (VSAs), Sea-Intelligence said. Alan Murphy, Sea-Intelligence’s CEO, said that on the Asia-North America West Coast trade lane, nearly 30% of shipping capacity will

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Articles

Rising Freight Spend on Shippers’ Radar

With freight costs rising due to supply chain volatility, managing freight spend is a key concern for shippers and forwarders, according to a Xeneta poll. In the company’s mid-year update, CEO Patrik Berglund described the volatility in 2024, pointing out an initial spike in spot rates on key Far East trades at the beginning of

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