Drewry’s World Container Index up 4% last Week
LONDON : Drewry’s World Container Index increased 4% to $3,213 per 40ft container this week. Drewry’s detailed assessment for Thursday, 31 October 2024
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Asia-US container rates fall further; trend expected to continue post-ILA strike
HOUSTON : Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was averted at US Gulf and East Coast ports and as peak season
Drewry introduces new Breakbulk Sea Transport Indices and incorporates within its Multipurpose Forec…
LONDON : To better reflect the nuances of the multipurpose sector, Drewry has introduced Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.
Container Shipping Alliance networks taking shape : Drewry
LONDON : We know more about what the landscape for East-West container services will look like in 2025 this week, but there is still plenty of uncertainty with the final network to be dictated
Singapore Port congestion shows global impact of Red Sea attacks
SINGAPORE : Congestion at Singapore’s container port is at its worst since the Covid-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping, with bottlenecks
Transhipment hubs hit hard by Red Sea reroutings
LONDON : Key transhipment ports around the world are facing severe congestion in response to the Red Sea Crisis, with Singapore being a prime example. The escalating crisis is due to abrupt changes in
Ocean freight rates record higher levels in Red Sea crisis
MUMBAI : Ocean freight rates are heading to record high levels with global events like the Red Sea crisis; port congestion especially in the Middle East and Asia regions; container repositioning imbalance – with