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Shipping Lines Choosing to Lease Containers Over Purchasing

August 31, 2017 12:05 am Published by

According to a report by Drewry, competitive pressures are having an adverse effect on lease rates following a rise in ownership of container equipment by lessors. The expansion of container leasing companies’ container inventory has coincided with ocean carriers cutting …

shipping container investment

Continuous Growth of Economic Activities Around The World

August 30, 2017 12:05 am Published by

In the first half of 2017, the global economy continued its recovery momentum from the second half of 2016. The economic indicators of the second quarter this year indicated continuous growth of economic activities around the world. 

The Purchasing Managers’ …

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Fairview Container Terminal Completes $200 Million Project

August 29, 2017 12:05 am Published by

DP World’s Fairview Container Terminal celebrated the completion of a two year, $200 million project to expand its annual container handling capacity to 1.35 million TEUs from 776,412 TEUs. The project, which added three Malacca-max cranes to Fairview’s operation, allows …

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One Year After Container Shipping’s Worst-Ever Crisis

August 21, 2017 12:05 am Published by

One year after excess capacity caused the $500 billion global container shipping industry’s worst-ever crisis, a massive consolidation is underway and the survivors are enjoying big economies of scale and increased demand. As a result, shipping rates are climbing, and …

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Port Manatee’s Shipping Container Volume is up 47 Percent

August 15, 2017 12:05 am Published by

During the 10 month period from October 1st, 2016, through July 31st, 2017, Port Manatee saw the movement of 32,907 twenty-foot-equivalent container units (TEU). This is significantly more than the Florida Gulf port’s full-year high mark of 30,431 TEUs established in …

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Investors Invested More Into UK Companies Than Ever Before

August 9, 2017 12:05 am Published by

New research from  Beauhurst shows that during the first half of 2017, investors put more money into British companies than ever before. In total, UK-headquartered unlisted companies attracted a record £3.03 billion of equity investment, during the first six months …

South Korean Companies Establish Korea Shipping Partnership

August 8, 2017 12:05 am Published by

In a move that is expected to ensure the South Korea's container shipping companies stay competitive in the wake of Hanjin Shipping's collapse, 14 container shipping companies will sign a MOU to establish the Korea Shipping Partnership (KSP). KSP operations …

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