Browsing Tag

Container shipping overcapacity

6 posts

Container rates fall for all major corridors in April—Xeneta

The latest XSI® Public Indices shows that container shipping rates declined by 4.2% in April to 104.45 points after two months of steady increases,…
  • May 6, 2019
  • 3 minute read

Mixed outlook for box carriers amid a challenging 2018—report

Although the container shipping industry enjoyed modest improvement in 2017, it still needs to address the dual challenges of rising costs and oversupply—driven mostly…
  • April 11, 2018
  • 3 minute read

MSC order for 22,000-TEU box ships raises overcapacity specter

Mediterranean Shipping Company (MSC) has reportedly ordered a series of eleven 22,000-TEU vessels for delivery during 2019-2020, raising worries of overcapacity hitting the industry…
  • September 25, 2017
  • 2 minute read

Rates up but 2017 still holds further uncertainty for box shipping

Freight rates have increased, but the global container shipping market faces further volatility in 2017 arising from an unpredictable economic and geo-political situation, according…
  • January 13, 2017
  • 3 minute read

Shipping confidence on the upswing despite challenges

The confidence of the shipping industry improved for the third successive quarter in the three months to end-November 2016, reaching a 15-month high since…
  • December 26, 2016
  • 3 minute read

Supply-demand imbalance reaching ‘tipping point’—Drewry

The supply-demand gap is widening and industry load factors are worsening, making it that much harder for carriers to stem the freefall of freight…
  • July 13, 2015
  • 2 minute read