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Container shipping lines earned 42 USD less per TEU in 2016

19 January 2017

The container shipping lines received an average rate 7% (42 USD) lower in 2016 than in 2015, if they operated in the spot market on all Shanghai Containerized Freight Index (SCFI) trade routes. This has primarily been due to the devastating low rates received in the first half of 2016, as the average rate received in H2 2016 was 22% higher than the rate received in H2 2015.

BIMCO publishes Sanctions Clause for the container trade

25 January 2021

A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library of sanctions clauses that reflect the individual needs and characteristics of different trades and operations.

IMO: Carriage of Cargoes and Containers - cargoes that may liquefy

14 September 2018

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization’s (IMO) Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.