CMA CGM declares a force majeure for Baltimore shipments
CMA CGM declares a force majeure for Port of Baltimore shipments following the Francis Scott Bridge collapse caused by the containership Dali. Following the terrible accident with
Unrest in the Red Sea rises demand for containers
Due to the Houthi rebels’ ongoing attacks, the Red Sea—a crucial route for East-West trade—is experiencing unparalleled volatility. This has resulted in higher fuel and insurance prices,
TOP 3 container leasing market trends
Geographic location The shipping container leasing market is heavily influenced by location.The location of containers is a major factor in the fluctuating nature of leasing rates. Rates
Hapag-Lloyd makes first step to trackable dry container fleet
German shipping line Hapag-Lloyd has commenced a major project on digitising its dry container fleet. By the end of 2023, most of the company’s dry containers will