Market Analysis

Red Sea Crisis Boosts Container Shipping Capacity
Market Analysis

Red Sea Crisis Boosts Container Shipping Capacity

The Red Sea crisis has had a significant impact on the global shipping industry, leading to a surge in TEU capacity and a growing focus on adaptability and resilience. Increased Capacity The crisis has caused major disruptions to trade routes, with many vessels being diverted around the Cape of Good Hope. This has led to [...]
  • admin
  • March 13, 2024
Red Sea Crisis Boosts Container Shipping Capacity
Market Analysis

Red Sea Crisis Boosts Container Shipping Capacity

The Red Sea crisis has had a significant impact on the global shipping industry, leading to a surge in TEU capacity and a growing focus on adaptability and resilience. Increased Capacity The crisis has caused major disruptions to trade routes, with many vessels being diverted around the Cape of Good Hope. This has led to [...]
  • admin
  • March 13, 2024
TRANSPACIFIC CONTAINER TRADE ROARS BACK IN EARLY 2024
Market Analysis

TRANSPACIFIC CONTAINER TRADE ROARS BACK IN EARLY 2024

Transpacific container trade kicked off 2024 with a bang, experiencing a 16.9% surge in eastbound box volumes compared to January 2023. Lynerlytica predicts positive full-year growth after last year’s 15.1% decline. Capitalizing on this robust demand, carriers enjoyed freight rates over 200% higher than 2023. Industry heavyweights COSCO, CMA CGM, and Evergreen maintained their dominance, [...]
  • admin
  • February 22, 2024
NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS
Market Analysis

NYK CONDUCTS LONG-TERM TRIAL USE FOR FULL-SCALE INTRODUCTION OF BIOFUELS

NYK is embarking on a comprehensive, long-term trial starting in the fiscal year 2024 to extensively test the viability of biofuels with the aim of reducing net-zero CO2 emissions in its existing heavy oil-fired vessels.  NYK Shipping Line is planning to conduct trials of applying biofuels in Logistics in 2024. This initiative goes beyond previous [...]
  • admin
  • January 4, 2024
CMA CGM CLOSE TO TOP SPOT IN INTRA-MEDITERRANEAN
Market Analysis

CMA CGM CLOSE TO TOP SPOT IN INTRA-MEDITERRANEAN

CMA CGM is on the verge of surpassing Mediterranean Shipping Company (MSC) to become the leading operator within the Mediterranean, according to Alphaliner’s latest analysis. The French carrier has notably bolstered its position by expanding both its fleet size and deploying larger vessels in the region compared to a year ago. CMA CGM is about [...]
  • admin
  • January 2, 2024
VIETNAM RANKS 43RD IN THE LOGISTICS PERFORMANCE INDEX
Market Analysis

VIETNAM RANKS 43RD IN THE LOGISTICS PERFORMANCE INDEX

According to the World Bank, Vietnam holds the 43rd position in the Logistics Performance Index (LPI), standing amongst the top five countries in ASEAN, trailing behind Singapore, Malaysia, Thailand, and sharing the same position as the Philippines. What is the Logistics Performance Index (LPI)? The Logistics Performance Index (LPI) is an index researched and annually [...]
  • admin
  • January 2, 2024
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