Container Shipping Market Overview & Outlook Q4 2023
28 November 2023Supply to outpace demand in both 2024 and 2025
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Container shipping: continued disruption will ensure carrier profitability well into 2021
25 February 2021After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve, allowing carriers to profit from high freight rates, and tonnage providers to enjoy lofty charter rates.
Sanctions Clause for box lines takes pragmatic approach
26 February 2020Many container operators use charter party trade limits as a sanctions management tool when operating liner services between non-sanctioned countries. To provide an alternative contractual solution and to proactively address the current trend to impose sanctions on the shipping industry, BIMCO is currently developing a sanctions clause specifically designed for time chartering container ships.
The 2010s: a decade of market imbalance and ultra large container ships
02 July 2020Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis.
Container Shipping: Ship sizes keep increasing despite stagnant volume growth
16 September 2019Global 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.
Container Shipping - Growing volumes but even stronger growth in tonnage
14 April 2011Container rates have been sliding on all the major trading lanes since July 2010, with the exception of a small hiccough round the turn of the year
BIMCO's Peter Sand to offer container market insight in Athens
15 October 2019BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on 27 November 2019 in Athens, Greece.
Container Shipping - Rates are flattening out – balance sustained, but for how long?
15 August 2010Demand: 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%.
Charcoal shipment in containers – amendments finally agreed for charcoal regulations at IMO
16 October 2023The whole supply chain for charcoal cargoes leading up to sea transportation is about to change with the onset of amendments agreed at the IMO. This will bring about major changes to how charcoal must be safely packed for sea transport, as well as ensuring safer transportation through improved packaging and stowage provisions and requiring mandatory dangerous goods transport documentation.
COVID pandemic wiped 24.6 million TEU off container market growth
17 April 2024Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023.
