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Industry news

• A sudden strike at Oakland Port in the United States, resulting in the closure of several container terminals

  Time: 2022-11-04 | Publisher: Kevin

  

  If the main theme of the shipping market in 2021 is port congestion and freight inflation, the main theme of the shipping market in 2022 is uninterrupted strike.On Wednesday morning local time, hundreds of workers in the United States port of Auckland suddenly announced that they would strike. This will result in the suspension of ...
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• The west coast freight rate of the United States has reached 1500 dollars, is it far from the normal level?

  Time: 2022-11-03 | Publisher: Kevin

  

  Recently, shipping companies continue to cancel voyages from China to Northern Europe and the West Coast of the United States to slow down the decline of spot freight rates of containers.However, despite the sharp increase in the number of air carriers, the downward trend of freight rates has not been curbed.After the third quar...
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• Drewry: The growth of transport capacity supply in 2003 is greater than that of demand

  Time: 2022-11-02 | Publisher: Kevin

  

  Simon Heaney from Drewry said recently that both spot freight rates and traffic volumes are declining. The trend of the future integrated transport market is how operators cope with the downturn.Drewry predicted that the worst thing is that the port will no longer be congested, and the delivery of new ships will increase unabated. T...
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• Container freight rates fell for several consecutive weeks. Is it expected to return to the pre epidemic level?

  Time: 2022-11-01 | Publisher: Kevin

  

   With the weakening of the global economy, the latest report indicates that container freight rates may fall back to or below the level before the outbreak in 2019. According to the World Container Index released by Drury on October 28, the WCI showed that the average freight rate this week was 3145 US dollars/FEU...
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• The third strike was held in Liverpool Port, England, and several Chilean ports also went on strike

  Time: 2022-10-31 | Publisher: Kevin

  

  According to foreign media reports, the trade union failed to reach an agreement on salary increase again in the negotiation with the employer Peel Ports, and then the trade union announced that the workers would hold the third round of strike from October 24 to November 7 local time.Previously, Peel Ports did not make any salary ...
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• The container market has dropped in popularity, and the prices of chartered ships and second-hand ships have also declined

  Time: 2022-10-28 | Publisher: Kevin

  

  In the second half of this year, container freight rates began to decline all the way. This is largely due to the market's concern about the global economy, which has led to reduced demand and lower prices.According to the data of SHIFEX, one of the spot freight index of many containers, the freight rate of 40 foot containers...
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• With the decline of imports, the congestion of ports on the west coast of the United States has been greatly alleviated

  Time: 2022-10-26 | Publisher: Kevin

  

  At the initial stage of the epidemic, there were ships queuing outside the ports of LA and LB in the United States, and container cargo piled up in the ports. However, this situation has basically disappeared.According to the data of Southern California Ocean Exchange, the number of ships waiting for unloading outside LA/L...
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• Container freight rates continued to decline. Will it return to the normal level?

  Time: 2022-10-25 | Publisher: Kevin

  

  Just like the concern about the sharp rise of freight rates before the epidemic, shippers are also very concerned about the sharp drop of container freight rates today. The freight rates of all major routes in the world have declined to varying degrees, with the Asia US West Coast route being the most serious.Judah Levine, r...
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