Drewry: Carriers ‘Drip-Feed’ Capacity Back Into Suez as Container Rates Slide
Drewry’s World Container Index fell 10% to $2,212 per 40-foot container this week, marking the second consecutive week of declining rates as carriers
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
Drewry’s World Container Index fell 10% to $2,212 per 40-foot container this week, marking the second consecutive week of declining rates as carriers
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A.P. Moller–Maersk has confirmed the first structural return of a major container service to the trans-Suez route, in a landmark shift marking the most
Global container shipping rates fell sharply this week, surrendering most of the gains from a brief January rally as carriers struggled to maintain pricing
U.S. military and Coast Guard forces carried out another pre-dawn boarding in the Caribbean, seizing the sanctioned motor tanker Veronica in the
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