Drewry's World Container Index climbed last week, but gains were mostly made on transpacific lanes

Spot rates on the Asia-US west coast trade surge to $2,503 per feu as rates to the US east coast from Asia track 50% above last year, but rate rot prolongs for Asia-Europe carriers

Spot rates on the transpacific are currently up by more than 50% over last year, while Asia-Europe rates sit 5%-10% above 2017 levels

Industry players from Hong Kong’s shipping sector, including Modern Terminals, CMA CGM and Kerry Logistics, discussed the problems of the world’s fifth-largest container port

Better interactivity between players and incentivising Chinese leasing companies, were among the measures suggested

The government has made good progress on the Withdrawal Agreement and on the scope and structure of the future relationship — including transport — and remains confident of a positive conclusion

Costs and resources needed to maintain listing no longer justified, Sinotrans Shipping says

Industry players from Hong Kong’s shipping sector, including Modern Terminals, CMA CGM and Kerry Logistics, discussed the problems of the world’s fifth-largest container port

Greek owner to take over 60% previously held by private equity partner but joint venture relationship is said to be continuing

Transatlantic box numbers rose by 10% in the third quarter of 2018 compared with last year, according to MDS Transmodal

Shippers have benefitted from alliances allowing smaller carriers to continue to operate on trade lanes that are increasingly served by ultra-large containerships