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Industry Opinions

Industry Opinions

Covid pandemic wiped 24.6 million TEUs off container market growth

Ioanna Kontos - 0
"Due to the Covid-19 pandemic, the global container market grew only 1.5% from 171 million TEU in 2019 to 173.5 million TEU in 2023. Without...
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Industry Opinions

Escalating Middle East tensions trigger projected surge in war risk premiums and freight rates

Ioanna Kontos - 0
In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated...
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Industry Opinions

Due diligence needed for maritime tech adoption to minimize risk with digital transformation

Ioanna Kontos - 0
Rapid technological change, complex regulation and competitive pressures are driving digital transformation in the shipping industry. But navigating a confusing software landscape can be difficult...
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Industry Opinions

EU tanker import tonne mile demand up 12% as ships avoid Red Sea area

Container News Team - 0
“In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing...
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Industry Opinions

Singapore’s EU ETS liabilities of €330 million can accelerate green shipping initiatives

Ioanna Kontos - 0
Singapore-registered vessels will be required to contribute a significant €330 million (US$355 million)m share of Asian shipping’s total emissions liabilities under the EU ETS,...
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Industry Opinions

Veson Shipping Market Outlook: Chinese economy’s recovery, elevated interest rates and ongoing political tensions add to an atmosphere of uncertainty

Ioanna Kontos - 0
Veson Nautical, which delivers maritime freight management solutions, said there are several elements of unpredictability affecting the shipping market forecasts for the second quarter...
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Industry Opinions

Baltimore bridge collapse has not triggered rate increase

Ioanna Kontos - 0
The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it...
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Industry Opinions

Container traders anticipate rise in disruptions and increase in container prices in the Wake of Baltimore Bridge Collision

Ioanna Kontos - 0
In the aftermath of the Baltimore Bridge collision, supply chain professionals are anticipating price hikes, as indicated by a significant rise in sentiment for...
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Industry Opinions

Demand shocks drive ship recycling to lowest level in 20 years

Ioanna Kontos - 0
Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of...
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Industry Opinions

Baltimore rerouting not impacting broader ocean operations or rates so far: Freightos Analysis

Container News Team - 0
Salvage crews have already started working to clear the wreckage from last week’s bridge collapse in Baltimore. Despite this task’s complexity and obstacles in the way, the...
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Industry Opinions

China’s container trade faces hold-offs due to supply-demand imbalance

Ioanna Kontos - 0
Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of price drops post-Chinese New Year,...
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Industry Opinions

Ocean rates keep sliding, but some rebound for air: Freightos analysis

Ioanna Kontos - 0
In the latest development in the Red Sea crisis, Houthis recently announced threats to expand their attacks to Indian Ocean traffic, aimed at disrupting vessel...
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Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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China to counterbalance Panama setback through South America projects

CN Premium Articles Alexandros Itimoudis - 0
As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
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PIL christens new 8,200 TEU boxship

News Container News Team - 0
Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...
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Singapore authorities away grounded container barge

News Container News Team - 0
Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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