In response to the escalating Red Sea crisis, Container xChange, an online container logistics platform, has released a comprehensive report detailing the far-reaching effects...

Industry Opinions

Suez Canal toll earnings set to continue falling, as vessels re-route around the Cape of Good Hope

Container News Team - February 6, 2024 0

As we enter into the third month of escalating conflict in Yemen that has prompted significant rerouting of vessels with far-reaching consequences for global...

Industry Opinions

Red Sea Greens to Chinese New Year Blues: Where are container spot prices headed?

Container News Team - February 5, 2024 0

As the Chinese New Year Blues unfold, with the “Year of the Dragon” being celebrated from the 10th to the 15th of February, 2024,...

Industry Opinions

Red Sea crisis impact on box rates more rapid than Covid-19: Xeneta analysis

Ioanna Kontos - February 1, 2024 0

The Red Sea crisis has seen ocean freight rates increase faster than in the early months of the Covid-19 pandemic as swathes of shippers...

Industry Opinions

The Red Sea Under The Microscope: A Deep Dive Into Suez Canal Rerouting And Its Consequences

Container News Team - January 30, 2024 0

The following report has been written by VesselBot, a technology company with deep logistics market expertise that brings transparency to Scope 3 transportation emissions...

Industry Opinions

Red Sea Crisis: Xeneta forecasts freight rates to rise further in February

Container News Team - January 24, 2024 0

Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data...

Industry Opinions

January Global Shipping Report by Descartes Datamyne

Container News Team - January 15, 2024 0

The following report has been written by Chris Jones, Executive Vice President of Industry and Services at Descartes Systems Group. In December 2023, US container...

Industry Opinions

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

Container News Team - January 12, 2024 0

About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....

Industry Opinions

BIMCO: Record deliveries could push container fleet above 30 million TEUs in 2024

Container News Team - January 10, 2024 0

"In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, beating the previous record from 2015 when 1.7...

Industry Opinions

Shipping gears up to meet 5-10% low carbon fuel target, but will fuels be available?

Container News Team - December 22, 2023 0

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, explores the percentage of the fleet currently prepared for...

Industry Opinions

Global Shipping: Disruptions pop-back ahead of 2024

Ioanna Kontos - December 19, 2023 0

One of the largest global shipping organizations, Maersk announced pausing all its operations on the Red Sea route, a passage that accounts over 10%...

Industry Opinions

Container freight rates fall to 2019 levels while costs remain high

Ioanna Kontos - December 7, 2023 0

Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with...

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Industry Opinions

Transpacific container rates starting to spike on demand surge

Freightos: Transpacific ocean volumes surge during tariff pause

China-US de-escalation may spur early peak season: Freightos Analysis

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