06 August 2019
BIMCO's chief shipping analyst, Peter Sand will be partaking as a panellist on analysing the outlook of the containerised shipping market, a panel session which is scheduled for 10:45 to 11:45 AM.
19 August 2013
The balancing act continues, as demand moves forward at snail’s pace while a new record-sized containership is deployed in the Asia-Europe trading lane
11 October 2013
Following five weak months of demand growth (January-May), transported container volumes are finally growing on the Far East to Europe trading lane – as much as 1.9% y-o-y in the first seven months of 2013.
13 February 2013
There is room for some optimism in the container ship business, as witnessed by the number of loaded containers going into the ports on the US West Coast. Here, demand increased by 1.7% during 2012, more than making up for the fall in demand in 2011.
15 August 2010
Demand: We see that the freight rate index levels from China show that rates to Europe have been very stable around 1,800 (index value) since April with a slight negative trend over the last three weeks. Spot prices from Shanghai have been equally firm at around USD 1,900 per TEU. Meanwhile, rates for containers heading for US West Coast continue to soar. Since early April the China Containerized Freight Index for the US West Coast has gone up by 20%.
13 October 2010
Forecast: BIMCO expects the fourth quarter to be a difficult one, with volumes going down from recent highs. This may also mean idling vessels becomes more normal again as they are removed from stings or simply temporarily abundant as volumes tighten.
During the first half of 2010 the container trade has made a remarkable comeback. Rates have doubled on many routes and volumes have returned from the abyss to the benefit of many owners who have switched from red ink to black as a result of this.
15 March 2010
In an effort to ascertain the possible far reaching consequences of the influx of new giant containerships on order
19 August 2019
Join Peter Sand at the JOC Container Trade Europe conference in Hamburg, Germany on the 17th of September.
16 September 2019
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.
27 November 2019
With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked sailings have been unable to lift freight rates.