Container Freight Rates Continue 13-Week Decline as Supply-Demand Imbalance Persists
The Drewry World Container Index (WCI) fell 3% to $2,044 per 40ft container this week, marking the 13th consecutive week of decline in global container
gCaptain’s full coverage of the global container shipping industry.
The Drewry World Container Index (WCI) fell 3% to $2,044 per 40ft container this week, marking the 13th consecutive week of decline in global container
Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of
U.S. container import volumes maintained strong momentum in August despite ongoing trade policy turmoil, according to Descartes Systems Group’s latest
The World Shipping Council (WSC) has released a new report revealing that 11.39% of inspected cargo shipments contained deficiencies in 2024, continuing a
The container shipping industry posted a net income of $4.4 billion for the second quarter of 2025, marking a significant 56% sequential decline from the $9.9
Yara Clean Ammonia has marked a significant milestone in maritime decarbonization with the steel cutting ceremony for Yara Eyde, the world’s first
A Chinese-operated Panamax container ship steamed across Russia’s Northern Sea Route in just 6 days underscoring the emergence of a faster Europe-Asia
Container spot freight rates on the main east-west deepsea trades witnessed more declines this week, as a combination of weak demand and excess supply of slot
Cosco Shipping Holdings Co. managed to increase profit in a volatile environment for freight rates and said uncertainty about tariff policies will continue to
The 3.2% year-over-year increase in U.S. inbound container volume for July 2025 represents a temporary reprieve driven entirely by tariff frontloading,
The race for cargo has begun between carriers as volumes dip and fleet growth hits its new record, with the alliances eyeing different
Container spot rates have experienced their tenth consecutive week of declines – albeit with indications of some form of stabilisation – so, is it more of
Mid-size and feeder vessels continue to dominate newbuilding orders in the past week, taking the box ship orderbook to well over 10m teu, a 15-year
Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week, marking the tenth consecutive week of decline as the market continues
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of decline seemingly the best carriers can hope for –
Drewry’s World Container Index decreased 3% to $2,350 per 40ft container this week, marking the ninth consecutive week of decline as the market continues
The Port of Los Angeles recorded its busiest month in its 117-year history this July, handling over 1 million Twenty-Foot Equivalent Units (TEUs) as retailers
Hapag-Lloyd has reported a solid financial performance for the first half of 2025, achieving a Group EBITDA of USD 1.9 billion despite ongoing challenges in
The Port of Long Beach has achieved its most active July on record and the third-busiest month in its 114-year history, driven by a temporary pause in tariffs
U.S. container imports surged to their second-highest level on record in July 2025, reaching 2,621,910 TEUs—just 555 containers shy of the all-time high set
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