Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While
Asia to Europe containerised exports surge to 16.5 million TEUs in 2023
TOKYO : According to data compiled by the Japan Maritime Center (JMC) using information from Container Trades Statistics (CTS), containerised exports from Asia to Europe reached 16.58 million
Lancer Container inks deal for acquiring 1200 containers from SYMCON
MUMBAI : Lancer Container Lines said that it has signed a long-term contract with SYMCON Industries for buying new range of ‘marine containers’. The company will acquire 1200
Shipbuilding order placed for world’s first ammonia-powered containership
QINGDAO : CMB.TECH revealed the order on February 14, stating that the 1,400 TEU ice-class containership will be built at Qingdao Yangfan Shipbuilding in China. Expected to be
Hydrogen revenue jumps for world’s biggest maker of shipping containers
NEW DELHI : The world’s biggest manufacturer of shipping containers sees a surge in revenues from its hydrogen business, in a sign the clean fuel is starting to gain commercial
Shipping Number of the Week : Container market grows a modest 0.2% y/y in 2023 as the fleet swells
LONDON : “In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container
ONE introduces world’s first dual-temperature refrigerated container
SINGAPORE : Ocean Network Express (ONE) announced the introduction of the world’s first trial for a dual-temperature refrigerated container featuring Controlled Atmosphere (CA) capabilities, developed in partnership with
Container ships defy Panama Canal transit trends
PANAMA CITY : Container ship transits of the Panama Canal have seen something of a renaissance as other vessel types avoid the waterway. The overall number of ships
PSA container throughput performance for 2023
SINGAPORE : PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals
This shipping container uses water and solar power to capture CO2 from the air
LONDON : Inside a shipping container in the U.K. city of Sheffield, new technology uses water and renewable electricity to pull CO2 out of the air. Other companies