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Carriers adopt slow steaming to manage tonnage; cost of moving empty containers, especially to Asia, remains significant

While restrictions could impact Christmas stocks, shippers diverting containers via Suez have been minimal

Container Availability index (CAx) lower than Q42022 as trade improves at Indian ports

Chennai ranked 9th on expensive port list; New York most expensive port with average combined D&D charge of $2,478

Infrastructure has been the common word among all stakeholders in the value chain while expressing their expectations for the upcoming union budget...

Chances of new strikes are high due to inflation-related rise in prices putting pressure on workers’ disposable incomes

India, Singapore, Vietnam & Malaysia emerge as prime alternatives for companies to increase supply chain capacity

Poll of over 250 market participants found that 57% spent over two hours finding real-time data

Avg long-term rate for contracts entering validity in past three months at least $1,900/FEU higher than avg spot rate

Probable hike in container storage fee to disincentivise longer staying containers at depots

Survey finds 60% freight forwarders and NVOCCs struggle to monitor movement of shipping containers.

Ports of Le Havre, Antwerp and Bremerhaven exceed container availability levels beyond 0.90.