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CATEGORY

Container

Global container volumes fall 9.3% y/y as historic growth cycle ends

In October 2022, global container export volumes fell 9.3% y/y and ended 4.3% lower than in October 2019.   Twenty out of twenty-eight region to region...

BIMCO: Global container volumes fall 9.3% y/y as historic growth cycle ends

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the recent weakening of container volumes and...

Container lines facing difficult contract negotiations

As container shipping spot rates drop to close to 2019 levels on some major trades it does not bode well for carriers renegotiating long-term...

Drewry: Container Port Throughput Index Down 1% During September

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume /decline indices based on monthly throughput data for a sample of...

Drewry: World Container Index Down 10% This Week and 75% on Year

Drewry’s composite World Container Index decreased by 5% to $2,284.10 per 40ft container this week. Our detailed assessment for Thursday, 01 December 2022 The composite index...

Container rates decline for 25th consecutive week

The SCFI’s decrease of 4.8 percent during the week is, however, a reduced decline compared to the previous four weeks. Spot prices on global container...

CULines terminating international container services with Antong

China’s logistics service provider, Antong Holding says the company has received notice from CULines, for termination joint operation of foreign trading service due to...

Container Freight Downturn Seen Short-Lived

With container freight rates seen returning to pre-pandemic levels next year, the container shipping sector appears to be in for a tough year ahead....

Demand on busiest container routes at lowest level since pandemic

Demand on the majority of busy container routes is now at its lowest level in three years, an influential analyst bureau reports, saying volumes...

Drewry: World Container Index Down 7% This Week

Drewry’s composite World Container Index decreased by 7% to $2,404.46 per 40ft container this week. Our detailed assessment for Thursday, 24 November 2022  
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