Written by Jerome de Ricqles

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Jerome de Ricqles

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).

How container shipping companies face the Coronavirus crisis

The shipping companies, which are a key vector for globalized economies, find themselves in a complex situation in the face of the coronavirus pandemic. Supply reduction is being used as a weapon to maintain freight rates at the moment but risks holding back recovery, particularly since it will not ...
Jerome de Ricqles
April 08 2020
6 min

Shanghai-Busan: ocean freight rates on rising trend

China has begun to revive its industrial activity but European and North American markets are paralyzed by the coronavirus epidemic. In this situation, the intra-Asia trades have turned out to be a growth market for shipping services. Since the start of the post Covid-19 industrial revival in China,...
Jerome de Ricqles
April 01 2020
2 min

Antwerp-Ningbo: a marked increase in freight rates

The Upply data base shows that ocean freight rates for the port-to-port carriage of a 40' HC dry container between Antwerp and Ningbo rose 18% between February 16 and March 9. Several factors led to the creation of this balance of power favorable to the shipping companies. For several weeks, several...
Jerome de Ricqles
March 25 2020
2 min

The boomerang effect of the Chinese recovery must be anticipated now

With the gradual normalization of the situation in Chinese ports, the logistics and port sector, while coping with the emergency, must prepare for recovery to avoid being wrong footed in Europe. This is particularly true for maritime transport. The French Ministry of Transport, together with all the...
Jerome de Ricqles
March 23 2020
2 min

Shanghai - Los Angeles: maritime freight rates are on the rise

There has been a rebound in freight rates between Asia and the West Coast of the United States. A trend that has been favored by the (partial) recovery of activity in China, at a time where US companies need to replenish their stocks. With the return of industrial production to an average level of 7...
Jerome de Ricqles
March 18 2020
2 min

Container shipping: the exemption regulations look to have been saved

The lobbying by shipping companies to keep the container transport block exemption regulations that they benefit from has paid off. The European Commission has included this extension in its 2020 work program, drawing the ire of shippers, freight forwarders and port operators. If it needed a final b...
Jerome de Ricqles
March 12 2020
3 min

Increase in sea freight rates on the Southampton-Sydney corridor

The combination of a scarcity of export capacity leaving Northern Europe and strain on space leaving Singapore is currently increasing the total cost of sea freight on the Southampton-Sydney lane. The Southampton / Singapore / Sydney corridor is interesting to follow from a “post-Brexit” perspective...
Jerome de Ricqles
March 10 2020
1 min

The Coronavirus is severely reducing container availability

Stocks of empty containers are starting to run out in the United States and Europe. A considerable number have been immobilized in China as a result of the Coronavirus. This should start to affect freight rates in March and April. Many containers, full and empty, are currently immobilized in China f...
Jerome de Ricqles
March 02 2020
2 min

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