Special Report - Container Shipping & Ports
Displayed below are a set of articles which belong to this Special Report.
Boxship ordering activity likely to restart next year
CONTAINERSHIP ordering activity could resume in 2011 after being at a virtual standstill for the past year as the collapse in trade brought the contracting bedlam of 2007 and early 2008 to an abrupt halt.
The long and slow road to recovery
CONTAINER shipping appears to be bouncing back from its worst year ever in spectacular fashion, but industry leaders are warning that the hard times are far from over.
Lines ready to take tough stance in contract talks
MAY 1 is a landmark date in the world of container shipping. That is when the majority of annual contracts come up for renewal on the transpacific trades. The outcome of weeks of tough negotiations between ocean carriers and their customers will determine whether or not top container lines collectively return to breakeven this year after racking up losses in the region of $20bn in 2009.
Charter rates rise from the doldrums
CONTAINERSHIP charter rates are picking up from the all-time lows touched in 2009, but are still just a fraction of what they were five years ago and in most cases remain below break-even.
World’s top container hubs hit by double-digit traffic declines
THE number of containers handled globally in 2009 has been estimated at 446m teu, a slide of approximately 11% on the more than 500m teu processed the previous year. The full-year result was also much lower than the 480m teu handled in 2007.
Interest grows in hedging tool for the volatile container trades
FOR years, shipbrokers have been considering whether a hedging tool could be developed for the container trades where both freight rates and charter rates are notoriously volatile, writes Janet Porter.
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