Containers

Markets, Geopolitics and Coronavirus: A week to remember… A “promising”, hopefully, beginning for both the Dry and Wet Markets, a despicable one though on Geopolitics and Coronavirus given the events…

Swissterminal expands intermodal portfolio with new barge service to Rotterdam and Antwerp Frenkendorf, Switzerland, 25 November 2020: Switzerland-based integrated logistics provider Swissterminal AG and its partner DP World have announced…

BIC and DCSA collaborate to standardize container facility identification; BIC releases API to enable universal digital access BIC (Bureau International des Containers) and DCSA (Digital Container Shipping Association) today announced…

Portico helps major shipping lines solve empty container headaches Britain is currently awash with empty containers. This is causing congestion at UK ports and a shortage of containers in Asia…

Institute of International Container Lessors Announces Dennis Lombardi will be named President in 2021 Steven Blust to Transition to Senior Advisor Washington, DC, October 19, 2020—The Institute of International Container…

Capes’ volatility “floors” down the Markets amid messy Geopolitics and surging Coronavirus What a week that was eh! The Dry Market fell sharply, thanks to the Capes’ volatility – nothing…

Peruvian sugar snap peas ship to Japan thanks to Daikin controlled atmosphere (CA) container technology Peruvian sugar snap peas reach new markets via ocean shipment, arriving in optimum condition after…

Golden Week in Swing: Xeneta Reports Spot rates on Trans-Pacific -2% while Far-East to N.Europe +2.4% WoW Oslo, Norway – “Xeneta sees early indications that carriers are not ready to…

Reefer telematics interoperability standard nears completion The Container Owners Association, the international organisation representing the common interests of freight containers owners, is taking the unprecedented step of proposing an open…

Hot Port News from GAC 30-Sep-2020 RELEASE OF CONTAINERS TO BE DIGITALIZED Antwerp, Belgium MOURNING PERIOD ANNOUNCED Oman SEA PARADE OF FISHING VESSELS Hong Kong ESTABLISHMENT OF SILT CURTAIN IN…

Schweizerzug rolls out a digital booking platform for container trains Frenkendorf, Switzerland, 30 September 2020: Schweizerzug AG, Swissterminal Group’s rail freight operator, has announced it will launch a fully integrated…

Xeneta container rates alert: long-term contracted rates continue to defy expectations, with further increase expected this tender season Long-term ocean freight rates remain unbowed by the impact of the global…

Freight forwarders facing the perfect storm of issues at the port of Felixstowe Freight forwarders that are now unable to restitute empty containers to the port of Felixstowe until September…

This is BIMCO’s Shipping number of the week: Trans-Pacific short vs long contract freight rate gap hits record USD 2,400 per FEU As the year 2020 continues to deliver positive surprises for…

Containership owners and lines must focus on a sustainable recovery says MSI The summer surge on the Transpacific was a welcome boost to freight and charter earnings but it is…

BIMCOs Q3 Shipping Market Outlook & Overview – September issue. PART 2 out of 2. Today: Dry Bulkers and Containers Yesterday: tankers and macroeconomics, and on Thursday, live on our YouTube…

BIMCO: Shipping number of the week: Shanghai container spot rate index hits 8 year high Enjoy this week’s “Shipping number of the week” from BIMCO: Shanghai container spot rate index…

Samskip renews Amsterdam-Hull for UK trade requirements  Multimodal transport operator Samskip is responding to recovering North Continent-UK unitised traffic by reintroducing direct links between Amsterdam and Hull, in a service…

Global NVOCC (Non-Vessel Operating Common Carrier) CargoGulf is launching a new container liner service between the Arabian Gulf and South East Asia  Dubai, United Arab Emirates, 24 August 2020 –  Global NVOCC…

Shipping number of the week: Container freight rates into US West Coast down USD 405 per FEU Since the bottom out in demand in April, caused by the COVID-19 pandemic,…

TT Club Issues Fresh Guidance on Tank Container Operation With an insurable interest in excess of 50% of the world’s tank container fleet, freight transport insurer TT Club has an…

MFC Cargo Container Concepts supports CargoGulf expansion  Dubai, United Arab Emirates, 18 August 2020 –  Leading Non-Vessel Operating Common Carrier (NVOCC), CargoGulf, has signed an agreement with MFC Cargo Container Concepts, a…

BIMCO: Containerships overtake crude oil tankers as most scrubber-fitted sector Containerships with a collective cargo carrying capacity of 5.3m TEU are now fitted with an exhaust gas cleaning system (scrubber)…

Insurers pinpoint the complex causation of container casualties Both the extent and pace of growth in container volumes have put strains on a wide range of operational procedures and the…

New Export Orders’ rise to 48.4 in July is not enough to stage a recovery While China’s New Export Orders PMI sub-index reached a 6-month high in July, a sustainable…