Tag: container vessel

• Thursday, November 17th 2022 - 10:00 UTC

  Considerable container freight rate decline from Asia to Eastern South America

  

  The latest S&P Global Monday release on Platts Americas Container Freight shows that non-Asian export cargo bound for the East Coast of South America saw the greatest freight rate decline, dropping 51.9%, or US$ 2,700, throughout the week, to settle at US$ 2,500/FEU.

• Monday, September 6th 2021 - 07:00 UTC

  Record order of containers to help relieve maritime traffic congestion

  

  Hapag-Lloyd AG, the German international shipping and container transportation agency has announced it has ordered 75,000TEU containers, which will be manufactured in China and delivered within the fourth quarter of 2021.

• Thursday, August 23rd 2018 - 08:33 UTC

  First container vessel attempting the melting Arctic sea route north of Russia

  

  Danish vessel setting sail from Vladivostok this week is set to become the first container ship to tackle the Arctic sea route north of Russia. The Venta Maersk, owned by Maersk Line, and carrying 3,600 containers, hopes to reach St Petersburg by late September. That could be up to 14 days faster than the southern route via the Suez Canal.

• Wednesday, May 25th 2016 - 06:38 UTC

  Container shipping “fragile”; third largest firm reports loss in first quarter, plans US$ 1bn in cost cuts

  

  France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss and targeted US$1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating at a loss.

• Friday, November 25th 2011 - 04:34 UTC

  Largest container vessel to visit South America calls in Peruvian and Chilean ports

  

  The largest ever container vessel to have docked in South America is currently in Valparaíso, Chile, after having called in Peru’s El Callao and Iquique in northern Chile.