20ft container rental price 2023: What’s the best price to pay [+one-way lease rate]
HAMBURG : With so many factors influencing a 20ft container rental price, it can be difficult to determine what’s best for your budget. In this blog, we’ll take a closer look at the prices
Empty containers pile up at global ports as trade slows
SHANGHAI : Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the week of Feb. 5, the CAx (Container Availability Index) rose to 0.64,
MSC introduces ID-based container pick-up
GENEVA : Mediterranean Shipping Company (MSC) has announced the launch of ID-based container pick-up. This decision came after a successful test phase with Van Moer Logistics and MSC PSA European Terminal (MPET) in 2022.
Drewry: World Container Index Down 2% This Week
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index has decreased by 2% this week,
Nagpur-Bhusawal rail tracks congestion delaying container movements
MUMBAI : The railways is facing an unprecedented congestion on the tracks in the Nagpur-Bhusawal section. This has delayed the movement of export-bound containers and also the inward movement of imports, said sources. Sources
Early hints of container demand rebound expectations seen in China
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics platform Container xChange, pickup charges from
World’s largest container vessel, Ever Ace calls at Felixstowe
The largest container ship, EVER ACE on her maiden voyage, arrived at Felixstowe, Suffolk, UK. The mammoth vessel is 400m long and has the capacity of carrying 23,992 containers, which is a record capacity among similar-sized vessels.
Explained : Why there is a major container shortage, and its impact on international trade
Reduction in the number of shipping vessels operating as a result of the Covid-19 pandemic has led to fewer empty containers being picked up, leaving many containers in inland depots and stuck at ports