SHIPPING: Asia-US container rates surge as volumes pulled forward ahead of strike, tariffs
HOUSTON : Rates for shipping containers from east Asia and China to the US surged last week as importers pulled volumes forward ahead of the possible restart of the US Gulf and East Coast
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 that normally transits the Suez Canal
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 newbuild market according to Veson Nautical’s
Waiting time in port represents major inefficiency and GHG savings opportunity for international shipping
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 times could reduce voyage emissions by
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 shipping freight rates, according to ocean
DNV Grants Approval in Principle to HD Hyundai Heavy Industries for Ammonia DF large container vessel
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 the successful completion of a joint
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 TEU have been delivered, surpassing the