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Industry news

• 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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• The two-week strike ended! South African ports gradually resume operation

  Time: 2022-10-24 | Publisher: Kevin

  

  On October 6, local time, South African port workers launched a strike due to wage disputes. The strike has had a significant impact on South Africa's economy.However, after about two weeks, the workers reached an agreement with Transnet, the South African national transport group, and the strike ended on October 20.It is...
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• The container shipping market continues to be depressed. Will the dry bulk shipping market be affected ?

  Time: 2022-10-20 | Publisher: Kevin

  

  At present, it can be seen from the data of the major index platforms that the container shipping market is going through a long downturn in the second half of the year. As another means of shipping, what about the dry bulk market?At present, a large amount of new capacity has been delivered, but the market demand is decreasing and the...
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