Container xChange, an online container logistics platform, published its August Container Market Forecaster today. Despite the ongoing market fluctuations, the Container Price Sentiment Index (xCPSI) has exhibited resilience and witnessed growth in Jul…
Container Market Sentiment Signals Rebound: A ‘Shipper’s Market’ this Peak Season Read More »
Maritime’s regulatory environment is becoming more complex by the day, especially where sustainability is concerned. With the United Nations Global Compact and IMO’s decarbonization drawing ever closer, the onus on shipping companies to reduce emission…
Automation: The Key to a Cleaner, More Sustainable Shipping Industry Read More »
Capesize As the week unfolded, the Capesize market saw a blend of stability, resistance, and shifts in sentiment across both the Pacific and Atlantic regions. The Pacific market commenced the week with a steady but balanced pace. The presence from two …
Dry Bulk Market Sentiment Improving Read More »
Shippers on the trade are taking full advantage of this new reality, regaining the upper hand after the 2021-2022 pandemic period delivered dramatically high freight rates. Xeneta’s real-time data, crowd-sourced from leading global shippers shows the s…
Drewry’s composite World Container Index increased by 2.3% to $1,832.48 per 40ft container this week. The composite index has increased by 2.3% to $1,832.48 this week, and has dropped by 70.6% when compared with the same week last year. The latest Drew…
Drewry’s World Container Index – 17 Aug Read More »