Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s
By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further
Container shipping alliances are reshaping their East-West liner schedules for 2025, with new network plans and partnerships emerging as the industry continues
The latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast has highlighted significant changes in the composition of
By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US
Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating
The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue
Maritime industry consultancy Drewry flags potential challenges for the US East Coast ports due to the diversion of Baltimore’s container volumes
By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their
The international container shipping faces a critical couple of weeks as ongoing attacks and reroutings in the Red Sea continue to impact the sector ahead of
By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In
By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier
By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major
The global shipping industry’s severe shortage of ship officers has reached its worst on record and shows signs of abating, according to Drewry’s
Drewry believes MSC’s biggest size makes it better positioned to go it alone in the competitive market for container shipping, while Maersk’s focus
By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp
By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted
As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where
By Mike Wackett (The Loadstar) – Shippers will be back on the front foot when the 2023 contract negotiations begin, but a leading maritime consultant is
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