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).

TOKYO-LE HAVRE: freight rates on upward trend

Ocean freight rates for 40' HC containers are showing an increase between Tokyo and Le Havre. They are being driven by strong demand for Japanese exports, thanks to strong performances by Japanese industry, which is in good fettle in this end-of-year period. Several factors are driving current stron...
Jerome de Ricqles
December 12 2019
2 min

Shanghai-New York: 40' HC container freight rates hold up well

Trans-Pacific US East Coast ocean freight rates are still solid, unlike those on the main Asia-California trade lane. Captain Upply gives us his analysis in our Line of the Week section. In the trans-Pacific trades, the year 2019 now ending has been marked by sharp rate reductions on the major Asia-...
Jerome de Ricqles
December 04 2019
2 min

Top three shipping companies end the year under pressure

New management for the Maersk/MSC alliance partners, the sale of port terminal holdings for CMA CGM. Container shipping has been given a heavy weather warning. The European Commission, meanwhile, has come to the companies’ rescue by proposing to extend the consortia block exemption regulation. “What...
Jerome de Ricqles
December 03 2019
4 min

Antwerp-Miami freight rates fall slightly

The Upply data base shows that ocean freight rates are starting to fall for 40 HC dry containers between Antwerp and Miami. This erosion was expected following the implementation of customs surcharges on a certain number of European products on October 18 by the United States. The effects of the US-...
Jerome de Ricqles
November 26 2019
1 min

Where will the two S­ørens take the 2M alliance?

Shipping group MSC has confirmed that it has recruited S­øren Toft. The former Maersk Line chief operating officer is to head the container transport and logistics division of MSC, which is Maersk's partner in the 2M alliance. Maersk group CEO S­øren Skou has temporarily taken over S­øren Toft's rol...
Jerome de Ricqles
November 25 2019
3 min

Who will foot the bill for the IMO 2020 low sulphur regulation?

There is great confusion concerning the repercussions of the new IMO regulation on the sulphur content of marine fuel. What is sure is that it will result in an increase in the costs of the shipping companies, which are already struggling. The new International Maritime Organisation (IMO) regulation...
Jerome de Ricqles
November 15 2019
4 min

Vietnam-China: freight rates have increased slightly in recent weeks

Let's have a look this week at ocean freight rates between Ho Chi Minh City and Hong Kong. Our data base at Upply shows that there has been a slight increase in recent weeks in rates for 40' high cube containers. In Europe, this intra-Asian route is often viewed in terms of Chinese exports to Vietna...
Jerome de Ricqles
November 13 2019
2 min

INCOTERMS® 2020: evolution rather than revolution

The 2020 Incoterms®, which were unveiled in September 2019 by the International Chamber of Commerce (ICC), bring considerable changes which reflect new commercial and freight transport practices. There are still 11 Incoterms®, relating to places which must be designated as exactly as possible, but w...
Jerome de Ricqles
November 05 2019
5 min

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