Tag: Turning
Xeneta: A turning point for the ocean freight industry? Data reveals first rise in long-term ocean freight rates in a year
After a full year of seemingly freefalling ocean freight rates, the latest market data from Oslo’s Xeneta suggests the industry may finally have reached a turning point. According to the Xeneta Shipping Index (XSI®), which tracks real-time rates developments on a month-to-month basis, September saw an increase of 0.2% in valid, global long-term contracted rates.…
Container Shipping Nears Turning Point Amid Challenges and Chances, Syncs with 4-Year Global GDP Trend to 2027
Container xChange, an online container logistics platform held its 5th edition of its Ultimate Container Networking Event, the Digital Container Summit 2023 on 13-14 September 2023 in Hamburg, Germany. Industry experts like Peter Sand, Xeneta, Antonia Ambrozy, Freightos, John Fossey, Drewry, Nick Saavides, Loadstar, Supal Shah, Arcon Container, Jack Sun, Orange Container Line, Danny den…
Turning the trend – Update of PSC Top 18 items
Following the COVID-19 pandemic, PSC detentions have been at an all-time high. To turn the tide on this trend, a focus should be set on the main detainable items during regular maintenance. DNV has updated the Top 18 list based on the newest developments. DNV’s detention statistics are showing some changes in the top focus…
