Merge & Acquisition (M&A)-led growth strategies will propel leading regional terminal operators and container shipping lines into the global terminal operator rankings next year,...

Industry Opinions

Smart container fleet to expand six-fold over the next five years

Container News Team - July 11, 2023 0

The global telematics enabled container equipment fleet is forecast to grow six-fold over the next five years and account for 30% of global box...

Industry Opinions

Container xChange’s Annual Report: Demurrage and Detention Charges benchmark report 2023

Ioanna Kontos - July 9, 2023 0

Average Demurrage and Detention charges register a year-on-year decline of 25% in 2023, with a significant 14% decrease compared to the rates in 2020,...

Industry Opinions

From high seas to high-tech: How shipping lines can improve operations with AI and big data analytics

Container News Team - June 22, 2023 0

Container fleet growth and improved sailing speeds mean productivity is transforming for the better: Baltic and International Maritime Council (BiMCO) predicted supply to grow...

Industry Opinions

Pricing emissions from shipping: Where should the money go?

Container News Team - June 19, 2023 0

The backbone of worldwide trade, international shipping moves more than 80% of global trade by volume. As a result, international shipping accounts for about 3%...

Industry Opinions

Range-bound composite indices, US-China rates spike as transatlantic rates drop

Ioanna Kontos - June 9, 2023 0

A string of General Rate Increases (GRI) starting in March-April hasn't helped the container spot rates. The Shanghai Composite Index which had a momentary upside...

Industry Opinions

Seafarer labour market tightest on record

Ioanna Kontos - June 8, 2023 0

The 2023 officer availability gap has widened to a deficit equating to about 9% of the global pool, which represents a marked rise from...

Industry Opinions

Ports play a major role in reducing shipping emissions, highlighting the limitations of slow-steaming

Container News Team - June 7, 2023 0

The International Maritime Organisation (IMO) has long been committed to reducing the industry's carbon footprint, aiming for a minimum 50% reduction in GHG emissions...

Industry Opinions

Container spot rates remain high despite weaker supply/demand balance

Container News Team - May 25, 2023 0

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall...

Industry Opinions

Over 15,000 ships could be recycled by 2023, up more than 100% on the last 10 years

Container News Team - May 18, 2023 0

"Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected...

Industry Opinions

Container freight rates drifting lower

Ioanna Kontos - May 15, 2023 0

Hongkong and Shanghai Banking Corporation Limited (HSBC) reported that the Shanghai Containerised Freight Index (SCFI) declined by 1.5% week-on-week, while China containerised freight index...

Industry Opinions

Leading container lines show improved schedule reliability

Ioanna Kontos - May 9, 2023 0

Danish maritime data analysis company Sea-Intelligence showed schedule reliability data through March 2023 in its latest report. March 2023 saw a further month-to-month gain in...

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Industry Opinions

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