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Industry Opinions

Ukraine’s dry bulk shipments take 87% leap three years after Russia’s invasion

Ioanna Kontos - 0
“Three years after Russia’s invasion of Ukraine, the volume of dry bulk shipments from the two countries combined is 6% below pre-war levels. However,...
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Industry Opinions

BIMCO: Increase in regional container trade imbalances

Container News Team - 0
Since 2019, the global container market has grown 8%, ending at 183.2 million TEUs in 2024, according to Container Trade Statistics. This growth, however, has...
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Industry Opinions

Transits through Panama Canal down 10%: BIMCO

Ioanna Kontos - 0
In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, examines Panama Canal transits which have declined in recent...
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Industry Opinions

Grain shipments to China drop over 50% amid low demand

Ioanna Kontos - 0
"In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused...
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Industry Opinions

Container ship orderbook hits new record high

Container News Team - 0
“At the end of 2024, the container ship orderbook was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in...
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CN Premium Articles

Fleet Growth and Market Shifts in Global Shipping

Alexandros Itimoudis - 0
The container shipping market is currently navigating through a period of surplus capacity, particularly in the larger vessel segments. The BIMCO 2023 report highlights that...
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Industry Opinions

Dry bulk contracting falls 70% below average amid low rates

Ioanna Kontos - 0
Driven by healthy demand, the dry bulk market was strong throughout most of the first three quarters of 2024. However, in recent months, weaker Chinese...
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Industry Opinions

Baltic Dry Index still down 10% despite recovery in capesize demand

Ioanna Kontos - 0
In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at the November recovery of the Baltic Dry Index...
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News

BIMCO unveils Ship Recycling Alliance

Container News Team - 0
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of vessels. The alliance is expected to help facilitate the...
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Industry Opinions

Container ship deliveries hit new record of 2.5 million TEUs

Container News Team - 0
"Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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