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Tag: Container xChange

Wan Hai leases containers from SeaCube

Wan Hai has agreed to lease over 5,000 containers from SeaCube Leasing for more than US$30 million. In particular, the Taiwanese liner operator said in...

Essential Measures for Minimizing Disruption Amid Ningbo Port Closure: Container xChange

Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the...

US container shipping braces for headwinds as peak season approaches

The US container shipping sector is cautiously approaching the peak season, with the upcoming US elections and labour negotiations poised to bring their own...

Container Prices Double, Leasing Rates Triple in China

The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers...

Geopolitical volatility keeps YTD container leasing rates elevated

A YTD analysis of global container leasing transactions by Container xChange shows a notable uptick in average rates since the beginning of 2024, indicating...

Escalating Middle East tensions trigger projected surge in war risk premiums and freight rates

In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated...

Container traders anticipate rise in disruptions and increase in container prices in the Wake of Baltimore Bridge Collision

In the aftermath of the Baltimore Bridge collision, supply chain professionals are anticipating price hikes, as indicated by a significant rise in sentiment for...

China’s container trade faces hold-offs due to supply-demand imbalance

Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of price drops post-Chinese New Year,...

China-US container leasing rates rise threefold, container demand recovery on the horizon

The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three...

Container rates surge amid Red Sea crisis

In response to the escalating Red Sea crisis, Container xChange, an online container logistics platform, has released a comprehensive report detailing the far-reaching effects...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

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...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

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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