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Cosco invests $200 Million in 154,000 Second-Hand Containers

July 17, 2017 12:05 am Published by

Cosco Shipping's container leasing arm, Florens Container Investment, has entered into an agreement to invest $200.38 million into the purchase of 154,000 second-hand shipping containers.

As the company strives to develop its container leasing business in the long run and

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Shanghai Containerized Freight Index Rises in June 2017

June 30, 2017 12:05 am Published by

After several weeks of little or no movement, the Shanghai Containerized Freight Index (SCFI) experienced a growth spurt in the last week of June 2017. The SCFI comprehensive index jumped by 11.5 percent to 922.22, nearly doubling the reading from …

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Global Container Traffic Increased 10 Percent in Q1 2017

June 6, 2017 12:05 am Published by

Provisional trade lane data from Container Trades Statistics (CTS) reported that global shipping container traffic increased 10 percent year-on-year in Q1 2017. According to the report, intra-regional trade was the primary driver of growth with volumes up by 17 percent, …

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Analysts: There’s Brighter Days Ahead For Container Shipping

May 29, 2017 12:05 am Published by

Although some of 2016’s dark clouds remain, analysts believe there are brighter days ahead for ocean container carriers and container ship leasing companies. For one, Seaspan's CEO Gerry Wang is optimistic about 2017, citing “very encouraging signs of improving market …

shipping container investment

Container Prices Have Risen To Highest Since October 2015

April 4, 2017 12:05 am Published by

Prices for shipping containers have risen to their highest since October 2015, a clear indication that maritime trade is increasing after years of lackluster growth.

The Harpex Shipping Index, which tracks weekly shipping container rates, has climbed 40 percent this …

shipping container investment

Baltic Dry Index is at Its Highest Level Since August 2015

November 17, 2016 12:05 am Published by

Increasing demand for basic resources, as well as tightening supply as older ships are decommissioned, have helped push freight rates back up.

The Baltic Dry Index (BDI), an indicator of the shipping costs for bulk commodities, is at its highest …

shipping container investment