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Container

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Shipping analyst: Container market is experiencing a “hard landing”

portnews -
The pace of declines in rates on the container market’s Asia-Northern Europe routes has increased, the WCI index shows. Shipping analyst Lars Jensen describes...
Container

Asia – Europe container spot rate plunge continues

portnews -
Containers spot freight rates on the Asia – Europe trade have continued to crumble over the last week. Drewry reported that Shanghai – Rotterdam had...
Container

Drewry: World Container Index Down by 9% This Week

portnews -
Drewry’s composite World Container Index decreased by 9% to $2,773.49 per 40ft container this week. Our detailed assessment for Thursday, 10 November 2022 • The composite...
Container

VesselsValue: Container sales slow

portnews -
Of the sales recorded, four went to Greek buyer Contships, and four went to Swiss owner MSC, including the Panamax Zim Genova (4,253 TEU,...
Container

Container Spot Rates Tick Up as Capacity is Removed from Market

portnews -
Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand, suggesting recent capacity cuts have begun to reverse...
Container

Rates rebound as blank voyages strategy starts to pay off for carriers

portnews -
Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand, suggesting recent capacity cuts have begun to reverse...
Container

Container rates decline for 22nd consecutive week

portnews -
Spot rates on container freight out of China continue their consistent downward trajectory.   Spot rates on global box freight have fallen for 22 weeks in...
Container

Container spot rate decline accelerates again in past week

portnews -
Spot container shipping freight rates fell sharply again over the last week dropping a further 9% driven down by the Asia – Europe trade. The...
Container

Despite steep decline: Container market expected to grow every year ahead of 2030

portnews -
Even though the container market is shrinking considerably at the moment, S&P forecasts the global market to increase by 3 percent per year until...
Container

Green transformation of container ships could lead to massive extra bill in Europe

portnews -
Green fuel prices and expenses for the EU’s CO2 quotas could add a two-digit million-dollar figure to European container freight operations, according to Drewry.
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