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Container Ships

Container freight rates continue to plummet

Container freight rates continue to plummet

Long-term ocean freight rates fall again, with almost 50% drop in key pricing benchmark across last three months The beleaguered carrier industry took another major hit in June, with the latest data from Xeneta’s Shipping Index (XSI) showing a decline of 9.4% in global long-term shipping rates. Following on the heels of a 27.5% collapse […]

Can anything thwart the boxship boom?

Can anything thwart the boxship boom?

While the Covid era brought huge changes to many of our lives, for the container ship sector it very quickly turned into a boom cycle that continues to show little sign of slowing down, at least not yet. Despite concerns when the pandemic first struck that demand for goods would slump and freight rates likewise, […]

Electric brew

Electric brew

While the 90m x 10.5m inland container vessel Alphenaar keeps the Netherlands well lubricated – transporting about 70,000 containers’ worth of Heineken lager bottles annually – a different type of juice is fuelling operations.   The 104teu vessel, built by Concordia Damen in 2018, already had green kudos upon her launch, having been equipped with an electrical […]