DEAN World Cargo’s New Waterfront Office 
 

We are very thrilled to announce that DEAN World Cargo will be moving to a new and exciting office in June 2021.

The new office is right on the water and still within the suburb of Port Melbourne. We will be able to see some of the vessels heading to their final destination at the port of Melbourne.

Please stay tuned for further updates in our next Customer Bulletin in May 2021.

Should you have any questions in regards to the above, please do not hesitate to contact your DEAN World Cargo Account Manager.

Market Insight – Air freight from China

China will be observing Labour Day during the month of May and will be on public holiday between 1st of May to 5th May 2021.

The above coupled with some air freight carriers, such as Qantas and China Eastern Airlines reducing the flight frequency to only 3 times a week, have resulted in very limited air freight space and higher rates subsequently. 

We expected that the rates will subside after the holidays and as charter flights get introduced to ease the backlog of air consignments.  
 

Should you have any questions in regards to the above, please do not hesitate to contact your DEAN World Cargo Account Manager.

The aftermath of the Suez Canal blockage
 

The repercussions of the blockage of the Suez Canal are likely to impact North Europe’s supply chains until June.

Container hub ports that used the week-long lull from ship arrival delays to prepare their landside facilities for the box onslaught are now “full to the brim”, according to various reports.

Container lines have discharged Asian imports wherever they can to turn ships around in North Europe as quickly as possible and return vessels to Asia, where several weeks of full loads at highly inflated spot rates await.

Moreover, the calls have prioritised the back-loading of as many empties from stacks as possible, often leaving urgent exports on the quay in order to restock cleaned-out carrier depots in China.

In many cases, importers are being advised by their carriers that their delayed cargo has been discharged, but also given the bad news that it’s at the wrong port – and the even worse news that there is no schedule for the relay of their boxes.

DEAN World Cargo advise all our valued customers to consult with their respective Account Managers on the different solution we have at our disposal to circumvent the current situation.

 
Should you have any questions in regards to the above, please do not hesitate to contact your DEAN World Cargo Account Manager.