News
18/10/2022 937 Views
Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the vessels that operate them, to stop the extraordinary haemorrhaging of container spot rates which have halved in value in the past four weeks.
18/10/2022 1037 Views
Yangzijiang Shipbuilding has confirmed that MSC has ordered a dozen 16,000 TEU container ships.
15/10/2022 995 Views
Xeneta’s long-term XSI shipping index fell last month for the first time since January, and is likely to drop sharply in the coming months as shippers demand cheaper new contracts and mid-term rate reductions.
10/10/2022 1083 Views
Maersk (MAERSKb.CO) will begin to slow the pace of its container ships to lower fuel costs after sailing at full speed to keep up with demand during the pandemic, its chief executive said on Thursday.
01/10/2022 1086 Views
MSC confirmed today that demand from China to the US west coast had significantly reduced” and it would be “taking certain actions” to rebalance its capacity, starting with the suspension of an entire service.
29/09/2022 952 Views
Container shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further.