Container carriers’ profits now seen at $190 billion, Drewy says; another stock rally seen in 2022
24 Dec 2021 11:52 AM ISTGiven the supply chain logjams and rising threat of the Omicron virus, global shipping consultancy Drewry has once again upgraded its annual...
2022 to be another challenging year for container logistics industry
9 Dec 2021 12:49 PM ISTMajority of the global container logistics industry (75 percent) is rethinking strategy for 2022, according to a survey by Container xChange.
Liner schedule reliability improves marginally in Oct, DSV asks customers to plan for more
30 Nov 2021 12:38 PM ISTEven as global shipping lines reported nearly $80 billion earnings for the first three quarters of 2021, schedule reliability recorded only marginal...
CRISIL Freight Index moves up on broad recovery; demand to support freight rates
24 Nov 2021 5:35 PM ISTThe Crisil Freight Index (CRISFrex) moved up to 122 in October, almost near its all-time high of 123 in February 2021 on broad based recovery across...
Automation can address port congestion, the current headache
22 Nov 2021 12:09 PM ISTChallenges during port automation include resistance from the workforce, especially at the major ports, lack of skilled manpower, issues of...
Containers lost: small count but costs?
19 Nov 2021 3:04 PM ISTBad weather, bad stowage, improper supervision and handling, and most importantly undeclared dangerous goods cargo are some of the key reasons why...
Long Beach handled lesser containers in Oct, freight rates steady
12 Nov 2021 1:12 PM ISTPort of Long Beach handled 789,716 TEUs in October 2021, down 2.1 percent from October 2020 but still the second-busiest October on record.Â
Container prices decline, other worries unabated
19 Oct 2021 5:55 PM ISTThere are over 70 container ships around the US west coast and east coast, according to data from SeaExplorer, a shipping data insight platform of...
Container market update: Rates ease but future uncertain
13 Oct 2021 4:45 PM ISTThe next black swan event for the container market would be a 'complete recovery because that is what nobody is expecting at this point,' according to...
Container crisis continues unabated, Container xChange says
7 Oct 2021 10:49 AM ISTMore containers are coming in at Huangpu, China, Chittagong, Bangladesh, Dammam, Saudi Arabia and Dallas and Chicago in the United States than being...
Drewry to release container forecaster report soon
28 Sept 2021 6:15 PM ISTDrewry will be launching its latest edition of Container Forecaster, a container carrier industry maturity and risk matrix, to look at the changing...
Synergy Marine to buy technical management business of Maersk Tankers
23 Sept 2021 6:54 PM ISTSingapore-based Synergy Marine Pte, a subsidiary of Synergy Group, has signed an agreement to take over the technical management business of Maersk...
