Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Middle East crisis : Amid supply chain stress, India looks to augment shipping fleet, container manu
DUBAI : The World Bank’s trade watch report, released earlier this week, stated that global supply chain stress remained elevated through September 2024, amid disruptions in West Asia,
SeaCube Container Leasing adds to its Board of Directors
WOODCLIFF LAKE : SeaCube Container Leasing, a global leader in intermodal equipment leasing solutions and one of the largest purchasers of refrigerated containers in the world, is pleased
U.S. East Coast Dockworkers’ Strike – Key Insights for Container Traders and Leasing Companies
NEW YORK : At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association (ILA) initiated a strike that has led to the closure of U.S. East Coast
CINS published Crucial Advice on Safe Transport of Charcoal
LONDON : The Cargo Incident Notification System (CINS), a safety initiative representing container shipping lines and maritime insurance interests has launched its latest advisory publication, ‘Guidelines for the
Container spot rates drop 43% in Q3, worst development in non-COVID year
LONDON : “The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3
Container freight rates take a dip amid sluggish exports from India in Sept
NEW DELHI : Freight rates on the main trades out of India got down in September as the pace of exports slowed. On the westbound India-Europe trade, average
Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline
Container Shipping Market Overview & Outlook September 2024
LONDON : The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. As a result, ship demand is forecast
Container XChange issues Customer Advisory Update of nearing U.S. Port Strike
HAMBURG : As the October 1 deadline for a potential Port strike of U.S. East Coast port nears, industries across the nation are bracing for significant disruptions. The