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Saturday, December 3, 2022
Tags SHIFEX

Tag: SHIFEX

Decline in spot freight rates accelerates, reports Shifl

SHIFEX, a container spot freight rate index, shows that freight rates for 40’ containers moving from China to the port of Los Angeles fell...

Excessive carrier profits at risk as decline in spot rates prompts renegotiation of contract rates, reports Shifl

SHIFEX, a container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai, China and Los Angeles, US. The index shows...

New low in US container freight rates set to ease inflation, reports Shifl

SHIFEX, the spot container rate index by the digital freight forwarding platform Shifl, has positive news for US consumers as it shows a continued...
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Seafarers saved after cargo ship sinks in rough weather

Thirteen seafarers were rescued after they jumped into the sea on the afternoon of 30 November, after a 2008-built general cargo ship, Yu Sheng...

Alphaliner forecasts profit shocks for carriers in fourth quarter

After riding a windfall of profits over the past few quarters, container carriers are heading towards a steep fall in earnings in the fourth...

Port of Valencia approves new container terminal project

The board of directors of the Port Authority of Valencia (PAV) has approved the construction Project for the container quay of the north extension...

Nokia to deploy private wireless network at major container terminal in Chile

Nokia announced that it will deploy the first industrial-grade long-term evolution (LTE) private network in a port terminal in Chile, at San Antonio Terminal...