Los Angeles port breaks container record set in 2019
The Port of Los Angeles (POLA) processed an estimated 935,345 TEU in July, breaking the previous record set in 2019 by 2.5%. The Californian port
The Port of Los Angeles (POLA) processed an estimated 935,345 TEU in July, breaking the previous record set in 2019 by 2.5%. The Californian port
Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid a
Merchant vessels in and around Taiwan have cleared out from the six closure zones where China’s military drills are taking place, although a couple of
Indian shippers are seeing no real respite from vessel schedule disruption, particularly on connections to Europe. Exacerbating that lingering trade concern, Hapag-Lloyd has announced a
Container spot rates from Asia to Europe and the US seem to dip a bit, as the peak season appears to falter at best. Freight
The freight rates had appeared to mellow down a bit and the trade was just expecting some correction in the otherwise sky high shipping charges,
The containership port congestion index created by UK broker Clarksons hit a new record on July 14, whereby 37.8% of the boxship fleet capacity was
In 2021, the global pool of empties was 50 million teus, a 13% increase over the previous year, reported Drewry. A notable point here is
The global pool of shipping containers increased by 13% to almost 50 mteu in 2021, which was three times prior growth trend. This reflected lessors
The Port of Los Angeles (POLA) processed an estimated 935,345
Container carriers serving Indian trades appear somewhat wary about their
Merchant vessels in and around Taiwan have cleared out from
Indian shippers are seeing no real respite from vessel schedule
Container spot rates from Asia to Europe and the US
The containership port congestion index created by UK broker Clarksons
The global pool of shipping containers increased by 13% to
