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Tuesday, January 31, 2023
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Tag: Drewry

Drewry’s World Container Index drops

Drewry's composite World Container Index fell 2% this week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from...

SCFI crumbles to 30-month low, nears pre-pandemic levels

The Shanghai Containerized Freight Index (SCFI) took a 2% tumble to settle at US$1,031.42, its lowest-ever quote since July 2020, settling just a tad...

Container spot rates end 43-week falling streak

The Drewry’s World Container Index finally shot green in its first-ever quote for 2023, ending at US$2,135, recording an appreciation of 0.7%, after having...

Drewry’s WCI retraces 90% of pre-pandemic gains as China-Europe spot prices tumble

The Drewry’s World Container Index (WCI) saw yet another week of fall, by 7% to US$2,404, primarily on the back of tumbling rates in...

Drewry urges shippers to start planning for decarbonisation in shipping, warns of up to US$14 billion in extra costs

The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed...

Two-year low for Drewry’s World Container Index

Drewry’s World Container Index (WCI) took a 9% beating this week to end at US$2,773, which is the lowest-ever figure over the past 24...

Is it time for container spot rates to arrest their fall?

It has been a norm for the Global Container Spot Rate Indices to have weekly falls in rates, one after the other, ever since...

Drewry’s WCI registers 35th consecutive fall, loses 80% of the pandemic gains

The Drewry’s World Container Index took a 7% tumble to quote at US$3,145. The Index which has lost 67% annually and 70% since its...

Box rates slip further on indices for 33rd consecutive week

The streak of red for ocean freight continues, with both the Drewry's World Container Index (WCI) and the Shanghai Containerized Freight Index (SCFI), losing...

Ports under pressure as strikes over pay continue worldwide

Global maritime research consultancy Drewry reports that labour disputes and port workers' strikes worldwide will continue to cause severe disruptions in container ports, several...
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Log-In Logística and Nautilus Labs collaborate to accelerate decarbonisation

Nautilus Labs, a technology partner pioneering the decarbonisation of the ocean supply chain, and Log-In Logística Intermodal, based in Brazil, are collaborating to reduce...

MSC’s updated service to connect West Med, West Africa and Türkiye

MSC announced the enhancement of its West Mediterranean - West Africa service to link directly Türkiye with West Africa region. The service will be renamed...

Prime mover driver dies after vehicle plunges into sea off Singapore port

The driver of a prime mover was killed after his vehicle fell into waters off Singapore’s Keppel Terminal this morning (31 January). The Maritime and...

MPC Container Ships sells one, buys two boxships

The Norwegian vessel owner MPC Container Ships (MPCC) and its joint venture partner have agreed to sell the 2,800 TEU container ship AS Carinthia,...