The MSC Dragon gets its claws out
The carrier launches its Dragon Service, a new service between Asia and Europe
Container freight rates continue to fall
Freight rates dropped 2% in the last week, to 1,997 dollars per 40ft container, on the Drewry WCI
A blank year looms on the horizon
27% of scheduled Asia-Europe departures are to be cancelled during the first 7 weeks of the year
MSC orders new containerships
The carrier has commissioned a Chinese shipyard to build eleven 11,400 TEU vessels
Container spot rates continue to fall
0.3% down on the previous week, but the downward trend is slackening from week to week
Spot rates down 42 weeks running
This week freight rates were down by 1% to 2,127 dollars per 40-ft container. The Drewry analyis
Gambling in times of crisis
Carriers are continuing to buy new containerships. Will the market be able to absorb this capacity?
A very profitable year for carriers
In the first nine months of 2022, the top carriers earned as much as they did in the whole of 2021
AD Ports goes shopping in Dubai
The Group has agreed to purchase an 80% stake in Dubai-based Global Feeder Shipping