Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
All boxed in – what to do with the sudden glut of global shipping containers?
Like the intro to a long running television/streaming series (adopt gravelly American voiceover voice): “Previously on Container Shipping Is Totally Nuts…”
1) When Covid-19 was declared a pandemic, societies went into lockdown and manufacturing plants were shut, resulting in shipping containers being held at port and inland storage facilities.
2) Shipping lines slashed vessel movements in response to the predicted demand drop and the closure of manufacturing facilities.
3) ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article