Time: 2022-11-08 | Publisher: Kevin
With the slowdown of the global economy, the demand of the maritime market has dropped sharply, which has led to a precipitous drop in freight rates. This is also true in the air cargo market.Although the so-called peak freight season has entered, there seems to be no sign of the existence of the peak season this year. Because demand ...
Time: 2022-11-07 | Publisher: Kevin
Nowadays, the global shipping market is not as crazy as before the epidemic. In the face of falling container freight rates, the idle container capacity has exceeded 1 million TEU.According to Alphaliner data, as of October 24, the number of idle container ships in the world had reached 284, accounting for 4.6% of the global fleet...
Time: 2022-11-04 | Publisher: Kevin
If the main theme of the shipping market in 2021 is port congestion and freight inflation, the main theme of the shipping market in 2022 is uninterrupted strike.On Wednesday morning local time, hundreds of workers in the United States port of Auckland suddenly announced that they would strike. This will result in the suspension of ...
Time: 2022-11-03 | Publisher: Kevin
Recently, shipping companies continue to cancel voyages from China to Northern Europe and the West Coast of the United States to slow down the decline of spot freight rates of containers.However, despite the sharp increase in the number of air carriers, the downward trend of freight rates has not been curbed.After the third quar...
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...
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...
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 ...
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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