Container

Companies

Southern California Containership Backup Cleared

portnews - November 25, 2022

Shipping officials in California have proclaimed the end of the container backup at the ports of Los Angeles and Long Beach after 25 months. The...

Container

Russia’s container market fell by 15.8%, year-on-year, to 4.5 million TEU

portnews - November 25, 2022

In October, transportation to the Republic of Belarus via the Far East of Russia surged by 122% In January-October, Russia’s container market fell by 15.8%,...

Container

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

portnews - November 25, 2022

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 - November 25, 2022

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 - November 11, 2022

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 - November 11, 2022

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 - November 11, 2022

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 - November 11, 2022

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 - November 11, 2022

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