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
NICOSIA : Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, the country’s Shipping Minister Vassilios Demetriades has revealed. Cyprus has
SEOUL : A celebratory naming ceremony was held at the Samsung Heavy Industries (SHI) shipyard in South Korea for the new 15,000 TEU LNG-powered container ship, ZIM SAMMY OFER, the first of 10 ships
GEORGETOWN : Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations the shore base will help reduce shipping costs for supplies by as much as 12% by
DUBAI : Dubai-based World Logistics Passport (WLP) has signed two Memorandum of Understanding (MoUs) with the Thai Logistics Service Provider Federation (TLSPF) and the Thai National Shippers’ Council (TNSC). These agreements aim to promote
SINGAPORE : Ocean Network Express (ONE) has decided to launch the Israel Express (ILX) service, a new weekly Israel shuttle service, connecting Israel with the port of Damietta in Egypt. The first sailing of
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,
GENEVA : Chinese manufacturer China International Marine Containers (CIMC) has reportedly confirmed a new order from MSC for ten LNG dual-fuel container vessels with a capacity of 11,500 TEUs. According to a CIMC statement,
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.
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,