BIMCO: Container Shipping Market Overview & Outlook December 2024
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity
A bullish year for global shipping : Container market experienced remarkable growth in 2024
BOSTON : The year 2024 has seen values rise to near-record levels across Container sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong
Waiting time in port represents major inefficiency and GHG savings opportunity for international shi
LONDON : A new study by UCL and UMAS, which analysed ship movements between 2018-2022, found that optimising port arrivals to take into account port congestion or waiting
Drewry’s World Container Index up 7%
LONDON : Drewry’s World Container Index increased 7% to $3,444 per 40ft container this week. Drewry’s detailed assessment for Thursday, 07 November 2024
Trump’s victory in the US will likely disrupt container shipping industry
OSLO ; Donald Trump’s victory in the US 2024 presidential election is a will likely disrupt industry for international trade as importers fear another spike in ocean container
DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vesse
SEOUL : DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K ammonia fuelled container vessel design. This milestone follows
Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m
Xeneta reports the year ‘2025’ as another challenging year for container shipping
OSLO : Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping. “If 2024 has been defined by conflict in the
Xeneta Shipping Index October 2024: Long term market turns a corner as rates fall
OSLO : The ocean container shipping market turned another corner in October as the Xeneta Shipping Index (XSI®) fell for the first time since June. The Global XSI®,
Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships