Unmasking the extent of container shipping’s potential overcapacity
Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity
Supply chain disruptions and rising demand boost container freight rates globally
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of
Analyst warns of congestions at Asian ports hit by Red Sea logjam
SHANGHAI : The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning
Container ship deliveries hit new YTD record of 1m TEU : BIMCO
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the
Container shipping demand bounce not quite what it seems
LONDON : A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in
PIL joins DCSA to advance container shipping digitalisation standards
SINGAPORE : Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. DCSA’s
COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the
Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not
Red Sea crisis end to reignite container shipping challenges
LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is
