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Tuesday, January 14, 2025
Tags Container rates

Tag: container rates

Who fuels the price war?

Danish maritime data analysis firm Sea-Intelligence said that freight rates are primarily determined by changes in vessel utilisation, which in turn means that when...

Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...

Freight rate analysis for Indian shippers reflects easing signs on some trades

An analysis of container freight rates on trades out of India in recent weeks suggests a market correction on the horizon, at least on...
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Assessing Impact of COSCO’s Potential Expulsion from Piraeus Port

Following the United States blacklisting of Chinese shipping giant COSCO, the owner and operator of the port of Piraeus, the operations at the major...

Rapid rate declines expected in February

Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...

NYK establishes ship management firm for offshore wind power projects

In December, NYK jointly established Japan Offshore Support (JOS) together with Akita Eisen KK to provide ship maintenance and management services for offshore wind...

Wallenius Wilhelmsen wins 12-year terminal deal in Gothenburg

Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen wins a terminal contract in Gothenburg, taking a strategic step to expand its logistics services. The...