The last time the WCI composite index exceeded $1,700 per 40-foot-equivalent unit was in March 2015.
11 Mar 2015
The yawning cargo imbalance on the North America-Mediterranean container trade is still widening and carriers need an economic recovery in southern Europe to narrow the gap, according to Drewry Maritime Research.
23 Feb 2015
Trans-Atlantic carriers face a struggle to hike rates amid rising capacity and new competition, even as the euro’s slide against the U.S. dollar boosts shipments on the key westbound leg, according to Drewry Shipping Consultants.
16 Feb 2015
United Arab Shipping Co. on Monday said it will make its debut on the North Atlantic container trade lane in May via a new vessel-sharing partnership with French carrier CMA CGM and Germany’s Hamburg-Sud.
05 Feb 2015
U.S. trade moving on container ships directly via European ports, including transshipments, increased 2.1 percent year-over-year to 4.6 million 20-foot-equivalent units in the 12 months ending September 2014, according to PIERS, the data division of JOC Group.
02 Feb 2015
When the Maersk Kotka called at Charleston and Savannah on Jan. 30 and 31 on a Europe-U.S. Gulf-Mexico-U.S. South Atlantic rotation, there was nothing unusual about the service, but for one big thing: It marked the first call at those ports by a ship on the revamped trans-Atlantic TA3 service jointly operated by Maersk Line and Mediterranean Shipping Co. in the new 2M Alliance.
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