As you are aware, steamship lines are currently charging premiums on top of the normal ocean rate to increase the chances that a full container (FCL) booking request will be accepted, and space be allocated to overseas shippers. C J has received news from our overseas agents, primarily those located in China and other Asian ports, that steamship lines will begin assessing fees if bookings are made but suppliers are not able to meet the timeline [...]

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The entire world recently watched closely as rescue crews worked to free the Evergreen Marine container ship vessel Ever Given from the banks of the Suez Canal. Blocking all traffic in one of the world’s key waterways for a week has added more stress to global supply chains that were already severely strained. A "General Average" One aspect of this incident that global importers and exporters should consider is a "General Average". A [...]

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