Written by Jérôme de Ricqlès

Exclusive analysis on freight transport, supply chain and international trade topics

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Jérôme de Ricqlès

Expert in Ocean shipping for 25 years, Jerome puts all his knowledge of the industry to contribution for Upply. Ship captain at heart, he has written the English-French Lexicon of Containerized Shipping (Paris: CELSE, 2001).

Demand for container transport falls

The shipping companies have been able to maintain an average price increase despite a fall in cargo volumes. But the wartime economic mentality which is taking hold could put an end to the ongoing euphoria. Inflation in the West, Covid-19 restrictions in China and the war in Europe. This unhappy com...
Jérôme de Ricqlès
May 17 2022
3 min

What lies ahead for the container shipping market?

The Chinese economy, which is the great driver of global growth, is showing signs of slowing, as the pandemic is continuing to disrupt supply chains. As a result, the shipping companies are having to navigate from point to point. It is always helpful to reflect on the journey we have made to underst...
Jérôme de Ricqlès
April 28 2022
6 min

Evergreen declares general average again

With general average still in the process of being settled on the Ever Given, shipping company Evergreen has declared general average on another vessel, the Ever Forward. Almost a year to the day since the grounding of the Ever Given in the Suez Canal, Taiwanese shipping company Evergreen has again ...
Jérôme de Ricqlès
April 19 2022
4 min

Containers: fragile stability on the main East-West lanes

The combination of the slowdown in European demand, the war in Ukraine and, above all, the Omicron outbreak in China constitute a real "stress test" for the strategy of capacity control put in place by shipping companies at the beginning of the Covid-19 pandemic. The war in Ukraine is now the focus ...
Jérôme de Ricqlès
April 08 2022
2 min

The impact of trade imbalances on the management of container stocks

Freight rates have not risen sharply everywhere. On some routes, the shipping companies are obliged to decide whether or not to market their containers or send them empty.   The increase in freight rates seen in the container shipping sector since the start of the pandemic is closely linked to cargo...
Jérôme de Ricqlès
April 01 2022
4 min

Impact of the Ukrainian conflict on the Asia-Europe container market

The conflict in Ukraine has opened the way to an earlier than expected easing of European demand. This has brought a slight reduction in freight rates but the decrease has been largely outweighed by a return to heavier surcharges. A sharp rise in fuel prices, an increase in the cost of products of f...
Jérôme de Ricqlès
March 22 2022
5 min

The geopolitical situation is keeping freight rates at high levels

As the pandemic continues to block any change in the situation in Asia, the war in Ukraine has come as a new blow to market operators which depend on shipping services. On 24 February 2022, Russia began its invasion of Ukraine. At the start of March, the leading shipping companies announced that the...
Jérôme de Ricqlès
March 11 2022
2 min

Shipping and the environment : the race to reduce emissions

The NGO platform Transport & Environment has attacked the European Commission's draft FuelEU Maritime regulation, arguing that it encourages the use of LNG fossil fuel. The shipping companies have no immediate alternative, however. European NGO platform Transport & Environment (T&E) has ...
Jérôme de Ricqlès
March 08 2022
3 min

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