Drewry expects spot rates to remain stable in the near future
LONDON : Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week’s figure. Despite
LONDON : Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week’s figure. Despite
Container lines will post more all-time highs for the first quarter, but could that mark their earnings peak? Evidence of market softening continues to mount in the container equipment
Hong Kong-headquartered SITC International Holdings, the parent company of intra-Asia carrier SITC Container Lines, will sell its five remaining bulk carriers to focus on its core business of
HONG KONG : The container shipping industry could see a “very strong” pickup starting late April as the Covid situation in China eases, Tim Huxley, founder of Mandarin
TAIWAN : The removal of containers from Ever Forward has begun with the salvors aiming to lighten the load of the ship before the next refloat attempt. The
SHENZHEN : Tight shipping capacity and high freight rates will continue to dog the global market this year as there is still no end in sight to the
NEW YORK : More containers are waiting to unload outside ports on the US East Coast than on the West Coast, according to vessel tracking website, MarineTraffic. More than 600,000 containers
Drewry’s composite World Container Index decreased by 3.8% to $8,152.09 per 40ft container this week. Our detailed assessment for Thursday, 31 March 2022 The composite index decreased by
2022 looks set to be another bumper year for container lines, the factors applying the brakes to container rates In its 2022 container shipping report, AlixPartners noted that
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, said that container turnaround time at Indian major ports has gone down to about 26.5