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Peter Sand, BIMCO’s Chief Shipping Analyst will discuss the outlook for the container market in 2022.
Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe.
Spot rates for shipping of containers out of Shanghai bound for Europe have now slipped below the USD 1,000 per TEU–mark for the first time since March 2009. Following yet another weekly drop in freight rates on this main trading lane, boxes are now being shipped off at USD 992 per TEU, USD 27 per TEU lower than last week.
Join Peter Sand at the JOC Container Trade Europe conference in Hamburg, Germany on the 17 th of September.
Meet BIMCO's Chief Shipping Analyst Peter Sand and BIMCO's Deputy Secretary General Lars Robert Pedersen at CrewConnect Europe
The World Health Organsiation (WHO) declares Europe the new epicenter of the coronavirus (COVID-19) pandemic. Now many countries are closing borders to contain the spread of the disease.
BIMCO welcomes the recognition of the European Commission (EC) that climate change is a global issue that requires mobilisation of partners internationally.
The shipping number of the week provides members with a brief analysis of relevant developments in the shipping markets.
The Suez Canal blockage, COVID-19 cases shutting down the world’s third busiest container terminal of Yantian, record low carrier schedule reliability, growing congestion across North Europe, and chronic vessel space and equipment shortages. The disruption is also flowing downstream and impacting short-sea shipping and inland logistics providers. The panel will discuss what must change within the Asia-Europe supply chain before any normalisation can occur.