Maritime Market News

: News Highlights week: 43 - 2023
Ngày: 01-11-2023 | Lượt xem: 258
Container lines have managed to push through a rates rise this week, but doubts remain about how long it will hold in the current market.
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: News Highlights week: 40 - 2023
Ngày: 07-10-2023 | Lượt xem: 408
Container spot rates have closed out the month with new lows, as the weak peak season drifts to an end. Spot rates reported by the Shanghai Containerised Freight Index show a continued slide as carrier efforts to maintain rates through capacity cuts fail to suffice. The overall index fell a further 2.8% to reach 886.8, its lowest point since May 2020, when the sector was only just beginning to emerge from the shock of initial pandemic lockdowns. Falls were seen across all trades. The Asia-Europe headhaul dipped under $600 per feu for the first time since October 2019, and the more resilient Asia-Mediterranean trade fell by another 4%.
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: News Highlights week: 37 - 2023
Ngày: 15-09-2023 | Lượt xem: 161
Port throughput drops sharply in Europe and the US The six European and American ports featuring in the Top 30 ranking of major container ports showed across-the-board declines in throughput in the first half of the year, as the impact of economic contraction in the west took effect.
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: News Highlights week: 35 - 2023
Ngày: 05-09-2023 | Lượt xem: 186
CNC, COSCO and Samudera offer joint Singapore– Haiphong loop CNC, the intra-Asia arm of CMA CGM Group, COSCO SHIPPING Lines and Samudera Shipping Line earlier this month have partnered up on the Singapore – Northern Vietnam route once more.
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: News Highlights week: 31 - 2023
Ngày: 04-08-2023 | Lượt xem: 158
Shipping revenues cut in half for CMA CGM Financial profits for French carrier CMA CGM continued to decline in the second quarter of the year, with the company reporting group net income of just USD 1.3 bn. The figure was lower than the previous quarter, and represented a USD 6.2 bn (82%) drop on a year earlier.
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: News Highlights week: 29 - 2023
Ngày: 20-07-2023 | Lượt xem: 193
OOCL revenue drops 63% in Q2 COSCO subsidiary OOCL recorded a 63% drop in year-on-year revenue for the second quarter of 2023, as the effect of higher liftings was stamped out by the collapse in rates.
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: News Highlights week: 26 - 2023
Ngày: 29-06-2023 | Lượt xem: 343
Wan Hai and IAL revise Japan – Southeast Asia ‘NS5’ Wan Hai Lines (WHL) and Interasia Lines (IAL) will in early July revise their joint ‘New Super 5’ (‘NS5’) service that covers Japan, Taiwan, South China, Vietnam and Malaysia.
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