Container rates dip: Why shippers face a $2bn weekly shift
Drewry’s World Container Index falls 1% to $4,473 per forty-foot box as trans-Pacific spot rates slide.
Cargo News maritime
37 storiesDrewry’s World Container Index falls 1% to $4,473 per forty-foot box as trans-Pacific spot rates slide.
Global box volumes hit 17.46 million TEUs in August, but CTS warns of slowing growth ahead
September volumes surged 10% year-on-year to 2.55 million TEU, but analysts predict a sharp slowdown by year-end.
HD Hyundai delivers 13,000 TEU methanol-fuelled vessel to CMA CGM with patented hybrid system.
Domestic intermodal volumes hit an annual high of 21,697 containers, driven by 30.9% cost savings over trucking.
COSCO Guangdong completes 3-month refit of 53,000 dwt bulker into 2,528 teu feeder
Trans-Pacific spot rates remain near July highs as U.S. demand resists Golden Week slowdown and Asian ports stay.
Asia-US East Coast spot rates surge to $11,259 per feu while Asia-Europe plunges to $4,103, creating a $7,100 gap.
Alphaliner forecasts a new class of 425-metre vessels as fuel costs and carbon taxes reshape East-West routes.
Hapag-Lloyd and FIMI given 30 days to revise $4.2bn takeover amid national security concerns
Philippine Coast Guard deploys drones and vessels after 46 empty containers fall from Span Asia 39 near Batangas