AISL: No empty container shortage but there’s deficit in vessel space

There is no shortage of empty containers in the Philippines although space…

Container availability improving at Asian ports: Container xChange

With the vast increase being seen in container availability, Shanghai appears on…

Shipping rates in Jan up 5.9% from Dec, among historic highs—Xeneta

Global shipping rates showed one of the highest ever monthly rate increases in January 2021, jumping 5.9% from the previous month and up 4.5% year-on-year, with few signs of relief on the horizon, according to Xeneta’s latest XSI Public Indices report.

Container crisis to last until 2Q, spur higher freight rates, predicts Drewry

The new year has seen “the same vertical take-off” for East-West container…

HMM deploys ninth extra loader as cargo demand soars

The ninth temporary ship, the Hyundai Forward, departed Busan on January 23,…

Rising container freight rates not easing in early 2021—experts

Increase in box transport rates to continue several weeks more into the…

New container output to jump 40% in 2021 amid strong cargo demand, Drewry forecasts

The unprecedented number of blanked sailings by carriers in the second quarter,…

CMA CGM to deploy nine 23,000-TEU vessels to raise Asia-Europe trade capacity

Capacity boosted between Asia and Europe to meet ‘unprecedented demand’ for shipping…

China container production raised to 300,000 TEUs a month to ease global shortage

China’s commerce ministry said it is finding ways to provide more containers…

Volatiles rates, tight capacity seen on key shipping lanes in 2021

• Shippers will in the near term face high rates, space and…