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TOC Europe

13 September 2021

Peter Sand, BIMCO’s Chief Shipping Analyst will discuss the outlook for the container market in 2022.

Container spot rates now below USD 1,000 per TEU for Shanghai - Europe

24 March 2011

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.

BIMCO's Peter Sand to speak at Journal of Commerce webinar on 16 September

02 August 2021

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.