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DREWRY WORLD CONTAINER
Global container shipping volume to fall 1% on Trump trade policies, Drewry saysThe Trump administration's tariffs on goods from China and other nations are prompting businesses to shift production to countries with low...
Container shipping rates snap weeks of gains as restock rally fades, snarls easeThe Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long ad...
Container rate surge enters longest stretch since the pandemicRates from Shanghai to Los Angeles have risen for seven weeks, reflecting the balance of supply and demand in the container market.
World container shipping rates keep rising amid port congestionInflation is easing globally except for soaring cargo costs on high seas, with spot rates for shipping containers to US and Europe tripling...
Singapore port container logjam worsens as ships avoid Red SeaSingapore's port faces congestion due to vessel diversions to avoid Red Sea attacks by Houthi rebels, impacting global supply chains and ca...
Container rates soar as Red Sea chaos worsens capacity crunchThe spot rate for a 40-foot container going from Shanghai to Genoa, Italy, in the Mediterranean jumped by more than $1,000 to $6,282.
Global shipping costs creep higher after 16-month freefallDuring the peak pandemic, shipping rates skyrocketed tenfold to record highs as consumers started to load up on household items.
World’s idled container ships signal bet on China recoveryA slowdown in consumer demand — driven by weaker economic growth and higher inflation — is translating into fewer vessels needed for shippi...
Container rates to US from Asia fall to lowest since JulyThe Federal Reserve’s Beige Book report noted that “high freight volumes continued to strain distribution systems,” and “contacts expected ...
Container shipping giant freezes spot rates amid trade chaosGlobal supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor d...
Container rates to US top $10,000 as shipping crunch tightensThe spot rate for a 40-foot container from Shanghai to Los Angeles increased to a record $9,733, up 1% from the previous week and 236% high...
Cost to ship a boxload of goods to US from China nears $10,000While demand from American consumers and companies is one reason for the rate spike, a shortage of containers remains another reason for th...
One of world’s busiest ports is back to business after Covid jamMajor shipping lines such as A.P. Moller Maersk A/S and Mediterranean Shipping Co. have been avoiding the port, where tighter health and sa...
Ships skip Singapore as China congestion snarls supply chainThe disruption is causing further pain for global shippers already struggling with interruptions to supply chains from the pandemic, and th...
- Demand for port capacity to outpace expansion: Drewry Maritime Research
Companies are mounting challenges to enter the big league based on strong cash positions. Incumbent operators need to be ready to face comp...
- DP World becomes third-largest ports company
Dubai Port World (DP World) has become the world's third-biggest ports operator with 50 terminals and 11 new developments across 31 countri...
- Drewry hopeful of global container cargo growth
London-based Drewry Shipping Consultants said the industry will know more if the world recession is on the run in the next six weeks after ...