Newsletter – September 21, 2018

AIR FREIGHT UPDATES

What would a merger between Emirates and Etihad mean for cargo?
aircargonews.net
Rumours that Emirates could take over loss making Middle Eastern rival Etihad have been circulating for a while now but came to a head yesterday when Bloomberg reported that talks were underway, quoting four anonymous sources. Read more here.

OCEAN FREIGHT UPDATES

Gloomy outlook for container charter market as cautious carriers cut capacity
theloadstar.co.uk
Containership charter rates are “stable but depressed”, according to London shipbroker Braemar ACM.
A weakening of post-peak season forward demand and ocean carriers cancelling service upgrades has resulted in fewer enquiries according to a broker source. Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

Warning to forwarders as appetite for fake goods will rise alongside trade war tariffs
theloadstar.co.uk
Forwarders must protect themselves from the risk of shipping counterfeit goods, trade in which is forecast to increase.
The business of fakes is expected to get a boost from the next round of tariffs on $200bn-worth of Chinese goods, including handbags, leather and silk. Read more here (login required).

Comment: When should importers start shopping for Christmas shopping?
theloadstar.co.uk
There comes a point in every peak season when western importers, especially retailers desperate to get their goods onto the shelves to catch the Christmas shopping frenzy, have to ask themselves: “When, exactly, is the last boat from China?” Read more here (login required).