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Industry unease at rising port congestion

Container News Team - 0
Shippers and analysts say that small increases in port congestion at key ports could be a concern, as shippers expect a flurry of activity...
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Vessel deliveries set to outpace growth in new year

Container News Team - 0
Deliveries of new ships will double the excess capacity after Red Sea diversions have absorbed the vast swathe of new tonnage delivered this year,...
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Industry Opinions

Intra-Asia rates weaken again; Drewry launches new container index

Container News Team - 0
Average spot rates on most intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container...
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Port News

Nhava Sheva grapples with capacity pressures amid strong competition

Alexandros Itimoudis - 0
Container News conducted an analysis to compare the performance metrics of Nhava Sheva port with other ports in the region or globally to contextualize...
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Red Sea effects depleted

Container News Team - 0
Disruption in global supply chains through the knock-on effects of the Red Sea diversions is diminishing as supply and demand becomes more balanced and...
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Industry Opinions

Transpacific troughs as WCI registers double-digit dip even as market await clarity on possible strikes

Container News Team - 0
The Drewry World Container Index (WCI) registered its largest weekly fall in percentage terms since May 2020 at US$4,168, dropping over 13% for the...
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Pressure on global supply chains eases

Container News Team - 0
Port congestion and tight vessel capacity are easing across the globe as measures taken by terminal and ship operators alike are clearing bottlenecks and...
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Rates & Surcharges

GRIs fuel container spot prices, reverse the “post-Chinese New Year rate correction”

Container News Team - 0
The Drewry World Container Index (WCI) reported a 16% increase touching US$3,159 stemming an 11-week phase of decline and stability, led primarily by the...
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China backhaul costs mirror headhaul rate shifts

Container News Team - 0
Rates on the Europe to Asia trades have mirrored headhaul trades with China’s import cargo paying more for carriage since the Red Sea crisis...
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Weak demand puts paid to talk of empty box crisis

Container News Team - 0
Fears that there is a looming empty repositioning crisis in Asia have subsided as weak demand and the continued growth in capacity have combined...
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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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