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Weak demand puts paid to talk of empty box crisis

Container News Team - 0
Fears that there is a looming empty repositioning crisis in Asia have subsided as weak demand and the continued growth in capacity have combined...
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Stymied lines face several years of pain, says Drewry

Container News Team - 0
“Snookered” shipping lines face up to four years of losses as weak demand, ordering and a lack of demolitions have led to overcapacity, low...
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Back haul rates to China hit negative territory

Container News Team - 0
Carriers are paying their customers to move freight from North and South Europe, the Middle East and other backhaul trades, according to Arcon Containers. Arcon...
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Drewry’s WCI continues downward trend

Container News Team - 0
Drewry’s composite World Container Index (WCI) decreased by 3.4% to US$1,680.73 per 40ft container this week, 84% below the peak of US$10,377 reached in...
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Rates & Surcharges

Transpacific splashes green as world container index registers highest weekly gain since December 2020

Ioanna Kontos - 0
The World Container Index by Drewry put up its best-ever show since December 2020 to end at US$1,761, registering an 11.7% gain, as head-haul...
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Rates & Surcharges

Transpacific drive latches on to US$100 recovery in composite rates

Container News Team - 0
A string of General Rate Increases (GRIs) for Freight All Kinds (FAK) rates, the added effect of the Canadian port strikes and the cutting...
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Industry Opinions

Drewry’s GTO report: PSA remains at top, Chinese operators on the rise

Container News Team - 0
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,...
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Rates & Surcharges

Lowest ever tick on Transatlantic in 12 years, China-US trade rates ride strong to pull WCI above US$1,500

Container News Team - 0
The Drewry World Container Index (WCI) pulled itself above US$1,500, once again owing to a good showing by the transpacific China-US head haul trade,...
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Rates & Surcharges

Container spot indices stem weekly falls momentarility-but too early to say the bottom is found

Container News Team - 0
The Shanghai Containerized Freight Index (SCFI) put a strong weekly reversal to end at 979 points, an appreciation of 5.1% on a weekly basis....
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Industry Opinions

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

Container News Team - 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...
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Japan-US container trade grows in 2024

News Ioanna Kontos - 0
Container movements from Japan to the United States reached a total of 643,433 TEUs in 2024, marking a 5.7% increase compared to the previous...
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Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

CN Premium Articles Alexandros Itimoudis - 0
The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...
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Container Shipping Stocks: Weekly Performance Overview

News Giannis Nikolakis - 0
Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...
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Marfret receives 300 new reefer containers

News Ioanna Kontos - 0
Marfret has recently purchased 300 new refrigerated containers, which will primarily support exporters from Latin America in shipping tropical fruits, particularly those harvested in...
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