Record high deliveries boost container fleet capacity by 4.3%: BIMCO

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Record high deliveries boost container fleet capacity by 4.3%: BIMCO
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Record high deliveries boost container fleet capacity by 4.3%: BIMCO

Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU

Order book of 7.54mn TEUs signals significant change: BIMCO

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Order book of 7.54mn TEUs signals significant change: BIMCO
www.logupdateafrica.com

Order book of 7.54mn TEUs signals significant change: BIMCO

Scheduled deliveries for 2024 and the remainder of 2023 are currently at 5.03 million TEUs

Chinese container rates drop as Lunar New Year cargo rush fails

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Chinese container rates drop as Lunar New Year cargo rush fails
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Chinese container rates drop as Lunar New Year cargo rush fails

Cargo volumes may recover once businesses have adjusted inventory levels, unlikely to improve supply/demand balance

Container volumes to end nearly 4% down in 2022: BIMCO

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Container volumes to end nearly 4% down in 2022: BIMCO
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Container volumes to end nearly 4% down in 2022: BIMCO

2023 likely to see beginning of new normal rather than reverse of the recent weakening of supply/demand balance

September head-haul volumes down 15.5% YoY: BIMCO

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September head-haul volumes down 15.5% YoY: BIMCO
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September head-haul volumes down 15.5% YoY: BIMCO

Volumes into North America, which led surge in volumes during Covid, declined -20.6% y/y.