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
Drewry’s World Container Index gains US$50 this week
Drewry’s composite World Container index increased marginally 0.5% or US$50 to US$9,421.48 per 40ft container on 12 August, 358% higher than the same week in 2020. This is
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch
Acceleration in port capacity investment insufficient to support cargo demand growth
LONDON : Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may
Container Rates up to $13,000 per 40-foot Container : Drewry Maritime Financial Insight – July 202
LONDON : Container shipping The boom in the container market is continuing with no sign of abatement in the near term. Container freight rates on some routes are close