Container freight rates take a breather

The spike in spot container freight rates has flattened off over the last week. Marcus Hand | Jul 12, 2024 The Drewry World Container Index (WCI,) which has been seeing double-digit percentage...

Container rates rise again with more to come

The latest container rate updates show Asia-Europe leading a continuing rise in box rates, with congestion in Asia expected to bring further increases. Gary Howard | Jun 21, 2024 Drewry’s Worl...

Singapore is new chokepoint in global supply chains

The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets in preparation for an elongated peak...

Maersk and MSC blank two East Asia – Med services

In the face of growing port congestion resulting from the Red Sea crisis Maersk and MSC are struggling to maintain weekly schedules between East Asia and the Mediterranean. Marcus Hand | Jun 04, 2024 In a...