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Rates & Surcharges

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

Container News Team - 0
The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...
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Most Popular

Slump in spot rates to continue

Container News Team - 0
The nosediving of spot rates continues, as Drewry's World Container Index revised its own record of the largest weekly fall in recent times. A 10.25%...
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World Container Index sinks to January 2021 levels, at 21-month low

Container News Team - 0
Spot rates on Drewry's are no longer dreary. The World Container Index (WCI) took a near 10% tumble, the first in 29 months, as...
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News

Drewry’s World Container Index dips below US$5,000

Container News Team - 0
The Drewry's World Container Index (WCI) effectively dipped for the 200th day to end below US$5,000 at US$4.942, just a percent away from 4,900...
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Industry Opinions

Drewry rejects 20ft containers extinction scenarios

Container News Team - 0
Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and Drewry expects its share of...
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Industry Opinions

Container spot rates on a free-slide

Container News Team - 0
The Drewry’s World Container Index (WCI) slid another 5.01% to end at US$5,378.68. The fall has been so sharp, such that the Index has...
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Yang Ming orders nearly 19,000 new containers

Container News Team - 0
Yang Ming Marine Transport will order 18,600 containers from Dong Fang International Container (Hong Kong), expecting to spend US$95 million - US$105 million on...
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Reefer container freight rates to outpace dry box pricing

Container News Team - 0
Reefer container freight rates across global trades rose over 50% in the year to the second quarter of 2022, matching gains made in dry...
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Industry Opinions

Drewry reports changes to global port capacity forecast, presents leading terminal operators

Container News Team - 0
Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’...
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Drewry reports 6 million TEU of surplus containers

Antonis Karamalegkos - 0
The global pool of shipping containers increased by 13% to almost 50 million TEU in 2021, which was three times prior growth trend, according...
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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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