Container market grows a modest 0.2% y/y in 2023 as the fleet swells
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This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The ... Please follow the link to continue reading.
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So far this year, the fleet and market demand has developed in line with our previous expectations. Recently, time charter rates and freight rates for Chinese exports have, however, shown some upward momentum that we did not expect. The Shanghai Containerized Freight Index (SCFI) covering export spo... Please follow the link to continue reading.