Topic
container
Logistics Container Spot Rates Surge Amid Early Peak Season
Container spot rates are surging as an early peak season combines with disruptions in the Red Sea and increased demand. The Shanghai Containerized Freight Index and Drewry World Container Index show significant increases, affecting major trade lanes.
Logistics Container Newbuild Delivered Amid Panama Canal Draft Cuts
The Behram Box, a containership stranded since the 2008 crisis, has finally been delivered and entered service, highlighting the strong demand for feeder tonnage. Meanwhile, the Panama Canal Authority has announced draft restrictions due to water level concerns, potentially impacting global shipping routes.
Logistics CMA CGM Expands Fleet with New Hengli Boxship Order
CMA CGM has placed an order for eight 6,000 TEU containerships at Hengli Heavy Industries, enhancing its fleet expansion. This move strengthens CMA CGM's position with the largest orderbook among global liners.