Empty containers accumulate in Chinese Ports, highlighting weak demand
SHANGHAI : Within a space of a year, the catch-phrase in the liner industry has gone from “containers are hard to come by” to concerns of a container
Empty containers pile up at global ports as trade slows
SHANGHAI : Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the week of Feb. 5, the CAx
Drewry: World Container Index Down 2% This Week
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index
Drewry: Multipurpose Time Charter Index Remained Flat in January
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the
Drewry’s World Container Index drops
LONDON : Drewry‘s composite World Container Index fell 2% last week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from the
World’s biggest container ship skips India in blow to trade aims, due to inadequate port i
MUMBAI : Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships due to inadequate port
Drewry’s World Container Index remains steady
Drewry’s composite World Container Index (WCI) remained steady at US$9,192.50 per 40ft container this week, but it is still 250% higher than a year ago, with the shipping
Russia-India coking coal deal unlikely to impact Panamax shipping
NEW DELHI : Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year.
Shipper hopes dashed with prediction of no supply chain recovery before Q4 22
LONDON : Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both Drewry
Drewry introduces container carrier industry ‘maturity and risk’ dashboard
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster