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Charter market stays firm as freight rates slide

Container shipping is showing an unusual split between falling freight rates and still-elevated charter prices, according to a new analysis by Drewry. Spot rates have dropped sharply in recent months, yet charter levels remain about 200 per cent…
Sea

Seafreight contract rates drop for first time since 2024

Container shipping contract rates have declined for the first time in more than a year, according to Drewry. Its East-West Contract Rate Index, tracking average long-term prices paid by over one hundred multinational shippers on seventeen key routes,…
Sea

Asian ports dominate latest global performance index

Asian container hubs remain the most efficient worldwide, according to the 2024 Container Port Performance Index from the World Bank and S&P Global Market Intelligence. Yangshan tops the ranking, followed by Fuzhou and Egypt’s Port Said. Dalian in…
Sea

Global container terminal capacity set for biggest rise since financial crisis

Worldwide container handling capacity is projected to expand strongly in 2025, with Drewry forecasting a 4.8 per cent increase, equal to 64 million TEU – the steepest annual gain since the financial crisis. The surge reflects a wave of new builds and…
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