Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to
Container manufacturing yet to catch up with demand
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the volume and cost of new containers
The first development of an automatic container seal dispenser
HMM PSA New-port Terminal (HPNT) has developed Korea’s first automatic container seal dispenser. It has succeeded in developing this automatic seal dispenser after a year and a half of research and cooperation with LeTech,
Container Rates up to $13,000 per 40-foot Container : Drewry Maritime Financial Insight – July 2021
LONDON : Container shipping The boom in the container market is continuing with no sign of abatement in the near term. Container freight rates on some routes are close to USD 13,000 per 40-foot container,
Container congestion registered in every corner of the planet
COPENHAGEN : The state of global container congestion continues to roil supply chains right across the world. Exclusive data from maritime intelligence service eeSea shows the world’s most congested box spots, ranking all ports
Goodrich Maritime invested in expanding container fleet with Vasco Maritime Pvt. Ltd.
MUMBAI : Supplying container equipment is one of the biggest challenges our industry is currently facing. Goodrich Group have realised this issue and have invested in expanding their container fleet and have ordered 3000 TEUs
Coronavirus | Oxygen curbs hit container availability
SINGAPORE : Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs The curbs placed on industrial use of oxygen by the Centre to augment availability of medical grade
No relief: Global container shortage likely to last until 2022
New York ; The world does not have enough containers in the right places to handle cargo demand. It’s a conundrum that has persisted for so long that the mainstream press is finally covering