Container freight rate intra asia
WebSep 23, 2024 · While container freight rates across trades out of India have cooled over the past few months, new data obtained by Container News from local forwarder … WebApr 10, 2024 · The intra-Asia trade is by far OOCL’s largest market by volume. In general, rates in this trade are lower than in the mainline east-west markets. OOCL posted …
Container freight rate intra asia
Did you know?
Web2 days ago · The increase in FED rates, the banking sector crisis, the strikes might seem concentrated in one region, but they have their impact across all trade lanes .” shared Christian Roeloffs, cofounder and CEO, of Container xChange as he commented upon the current state of the container shipping industry. Looking back at the first quarter of 2024 WebApr 25, 2024 · Analysts say SITC benefited from focus on intra-Asia market, integrated logistics services and fleet management We use cookies to improve your website experience. To learn about ... SITC positive on outlook for Asian container shipping 08 Mar 2024. SITC earnings boosted by box shipping frenzy 18 Jun 2024 ...
WebApr 29, 2024 · US shipper responds to ‘challenging’ market with own transpacific liner service. Rates dropped to $10,835 per 40-foot equivalent unit (feu) on 28 April, their lowest freight rate since the ... WebApr 10, 2024 · The intra-Asia trade is by far OOCL’s largest market by volume. In general, rates in this trade are lower than in the mainline east-west markets. OOCL posted revenue of $1,867 per FEU in Q1 2024 in the intra-Asia trade, down 48% y/y and 22% q/q but still up 51% from the 2024-2024 average. Evergreen Marine
WebJun 24, 2024 · Now, they are faced with falling rates and open space,” he added. The erosion of elevated spot rates also continued on the Asia-US east coast trade this week – Drewry’s World Container Index (WCI) showed a 3% decline week on week, to finish at $10,403 per feu, while Freightos FBX posted a 1% decline, to $11,784 per feu. WebMar 8, 2024 · by. Katharina Buchholz , Mar 8, 2024. Chinese shipping indices show a surge in the price of shipping goods out of two major Chinese ports. The Shanghai …
Web2 days ago · Chinese giant Cosco and its South East Asia subsidiary New Golden Sea Shipping (NGSS) are launching a dedicated Singapore-Philippines feeder service. CNC, the intra-Asia arm of CMA CGM Group and ...
WebApr 11, 2024 · Asia-Europe represented 22% of OOCL’s liftings in the quarter, at 387,871 teu, but revenue sank 68% for an average rate per teu of $1,262. By far its smallest trade is the transatlantic, but here the carrier saw liftings jump 25% in Q1, to 128,233 teu, and revenue up 5% for an average of $2,432 per teu, reflecting more capacity deployed on ... tgh family kennedyWebApr 3, 2024 · According to McCown’s data, container shipping companies earned a jaw-dropping aggregate net income of $215.3 billion in 2024. Profits in Q4 2024 totaled $34.7 billion, down 34% year on year (y/y) and 41% from the third quarter. McCown predicts shipping lines will earn $43.2 billion in 2024, down 80% y/y. He assumes industry net … tgh family care kennedyWebJun 30, 2024 · The Dubai-based company operates a network of five container terminals in India with a combined capacity of about 5 million TEU annually, spanning four major port locations and accounting for some 20% of Indian containerised traffic. ... HIPL has made substantial investments in rail logistics, multi-modal logistics parks, container freight ... tgh family medicine