Empty container movements surge by 20% : Sea Intelligence
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels
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 stubbornly high levels of inflation in
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 TEUs in 2023. The Japan International
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 units of 20-feet general purpose dry
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 delivered by mid-2026, Yara Eyde will
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 traction. China International Marine Containers Group
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 market growth has lagged behind overall
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 Pan Pacific International Holdings Inc. (PPIH)