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Industry Opinions

Intra-Asia rates weaken again; Drewry launches new container index

Container News Team - 0
Average spot rates on most intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container...
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Port News

Nhava Sheva grapples with capacity pressures amid strong competition

Alexandros Itimoudis - 0
Container News conducted an analysis to compare the performance metrics of Nhava Sheva port with other ports in the region or globally to contextualize...
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Red Sea effects depleted

Container News Team - 0
Disruption in global supply chains through the knock-on effects of the Red Sea diversions is diminishing as supply and demand becomes more balanced and...
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Industry Opinions

Transpacific troughs as WCI registers double-digit dip even as market await clarity on possible strikes

Container News Team - 0
The Drewry World Container Index (WCI) registered its largest weekly fall in percentage terms since May 2020 at US$4,168, dropping over 13% for the...
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Pressure on global supply chains eases

Container News Team - 0
Port congestion and tight vessel capacity are easing across the globe as measures taken by terminal and ship operators alike are clearing bottlenecks and...
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Rates & Surcharges

GRIs fuel container spot prices, reverse the “post-Chinese New Year rate correction”

Container News Team - 0
The Drewry World Container Index (WCI) reported a 16% increase touching US$3,159 stemming an 11-week phase of decline and stability, led primarily by the...
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China backhaul costs mirror headhaul rate shifts

Container News Team - 0
Rates on the Europe to Asia trades have mirrored headhaul trades with China’s import cargo paying more for carriage since the Red Sea crisis...
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Weak demand puts paid to talk of empty box crisis

Container News Team - 0
Fears that there is a looming empty repositioning crisis in Asia have subsided as weak demand and the continued growth in capacity have combined...
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Stymied lines face several years of pain, says Drewry

Container News Team - 0
“Snookered” shipping lines face up to four years of losses as weak demand, ordering and a lack of demolitions have led to overcapacity, low...
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Back haul rates to China hit negative territory

Container News Team - 0
Carriers are paying their customers to move freight from North and South Europe, the Middle East and other backhaul trades, according to Arcon Containers. Arcon...
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Global bunker indices decline in 50th week of 2024

Sticky News Ioanna Kontos - 0
During the 50th week of the year, the Marine Bunker Exchange (MABUX) global indices experienced a moderate decline. The 380 HSFO index dropped by US$4.76...
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Wärtsilä secures key contract for LNG bunkering vessel with Vitol

Out of the Box Ioanna Kontos - 0
Wärtsilä Gas Solutions, part of the Wärtsilä technology group, has secured a new contract to further solidify its leadership in small-scale LNG applications. The company...
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10 Tips to Boost Water Efficiency in Your Home

Sponsored Nondas - 0
Saving water is becoming increasingly important for both environmental and financial reasons. By making a few simple changes around your home, you can reduce...
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Mapping Emerging Ports Amid Trade Shifts and Global Disruptions

CN Premium Articles Alexandros Itimoudis - 0
Geopolitical shifts, disruptions, and conflicts are reshaping the global shipping landscape, paving the way for the emergence of new ports that offer alternative operational...
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