The Alliance halts transpacific service
The decision taken by the group’s companies responds to the need to offset the drop in demand
Spot rates down 3.4 % this week
The Drewry World Container Index is now 68.8% below the same week last year.+18% on 2019
Bleak July for Los Angeles & Long Beach
Together the two ports’ turnover was - 20% year-on-year at 1.262m TEUs last month
US imports show signs of recovery
In August the volume of goods being imported is expected to reach its highest level in over a year
WSC up in arms over FMC policy
The World Shipping Council accuses the Federal Maritime Commission of going beyond its powers. Here’s why
MSC & ZIM leading fleet expansion
In 2022 they recorded the strongest capacity growth among companies operating in container shipping
Drewry, container spot rates up 3.3 %
Spot rates are currently around 1536 dollars per FEU and remain 8% higher than pre-pandemic levels
Boxships to hit 30 mln TEUs by 2025
According to Clarksons’ latest report the global fleet’s capacity will have risen by 15% in three years' time
All quiet on the box front?
Freight rates now seem to have stopped falling. Is a fresh start in sight? , Giorgio Poggio urges caution