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BIMCO’s Chief Shipping Analyst Peter Sand will be speaking at the Bloomberg Intelligence (BI) Webinar on 29 June 2017 at 16:00 CEST.
Because of the liner companies' interest in "testing" the strength of the market, they deploy tonnage into the trades until the freight drop! Only by doing that, can they reveal the true strength of demand
The last two years have been extreme for the container shipping industry. When the crisis started in 2008, the industry first saw volumes contract sharply and subsequently rates dropped like a stone as liner companies were fiercely fighting for market shares at full speed – so to speak.
BOXCHANGE is a standard agreement for container interchange, which is the process of moving containers on a trip basis from a location with a container surplus to a place with container shortage. All terms and conditions are mirrored for both parties as they are simultaneously suppliers and users of containers. The latest edition of this contract is BOXCHANGE 2016. Copyright in BOXCHANGE 2016 is held by BIMCO.
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+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)
