Spot rates for Shanghai container exports fall on all routes
SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI),
Vast tidal wave of new container ships about to strike
FRANCE : Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second
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
India seen as one of the year’s fastest-growing destinations for cargo ships and trade
MUMBAI : India is seeing an ever greater number of container ships visiting its shores, and as the fastest-growing major economy in the world, which is demanding the construction of larger ports. India’s GDP
Where container shipping is flourishing?
By Mr. Gautham Krishnan Liner shipping connectivity is key to the handling of container volumes and maintains a major chunk of the pie in global trade. The liner connectivity index affixes a rating point
Freight rates on Indian trades continue to cool amid falling export volumes
MUMBAI : Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the latest market analysis by Container News. On the westbound
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said. Spot rates,
Supply-Chain snarls leave Southern California swamped in Empty Shipping Containers
CALIFORNIA : The biggest export out of Southern California these days is air. And it is suffocating the supply chain. Hundreds of thousands of empty containers are filling marine terminals and truck yards across