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Industry Opinions

Industry Opinions

BIMCO analysis: 13% of world seaborne trade under attack from Houthis and Somali pirates

Ioanna Kontos - 0
"Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting global trade. In...
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Industry Opinions

Global tank container fleet nears 850,000 units: ITCO annual survey

Ioanna Kontos - 0
The International Tank Container Organisation (ITCO) has published its 12th Annual Tank Container Fleet Survey. This year’s Survey estimates that, on 1 January 2024, the...
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Industry Opinions

Massive increase in container shipping imports from China into Mexico amid ongoing US trade war: Xeneta analysis

Ioanna Kontos - 0
Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling...
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Industry Opinions

Ships above 12,000 TEUs drive 100% increase in average ship size

Container News Team - 0
“Since 2006, the average container ship has doubled in size to 4,580 TEUs and ships with a capacity of more than 12,000 TEUs have...
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Industry Opinions

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Container News Team - 0
Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...
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Industry Opinions

OceanScore analysis shows near-tripling of EU ETS costs due to Red Sea crisis

Ioanna Kontos - 0
Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the...
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Industry Opinions

Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace

Ioanna Kontos - 0
“In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m DWT, a 490% leap y/y, due to a rise...
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Industry Opinions

Cargo volumes in Red Sea drop significantly due to vessel attacks

Ioanna Kontos - 0
"During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y....
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Industry Opinions

Ensuring container fleet resilience with fuel flexibility

Container News Team - 0
The Greenhouse Gas (GHG) targets set by the International Maritime Organization (IMO) and other regulatory vehicles, such as the Carbon Intensity Indicator (CII) and...
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Industry Opinions

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

Container News Team - 0
The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%, but there appears to...
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Industry Opinions

China-US container leasing rates rise threefold, container demand recovery on the horizon

Ioanna Kontos - 0
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three...
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Industry Opinions

Container market grows marginally in 2023 as the fleet swells

Ioanna Kontos - 0
In this week’s "Shipping Number of the Week" from BIMCO, Chief Shipping Analyst, Niels Rasmussen, examines the state of the container market in 2023...
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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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