Asian container ports most efficient globally: World Bank, IHS Markit index. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,108 per 40ft container, which is $3,320 higher than the five-year average of $1,788 per 40ft container. Already extreme container rates are ascending to even higher peaks. Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. Container shipping spot rates just spiked yet again. Watch to see what happens!Subscribe Today, 5 away from 100! For live, bookable quotes, check out Freightos. Last November Python briefly swapped positions with Java for the second position in the TIOBE index, and this month Python strikes again. Drewry, World Container Index – 12 March. Welcome to World Freight Rates the Number One Destination for Free, Instant, International, Container Shipping Rate Estimates. #IAPH2021. If you plan your shipping schedule by tracking the latest trends on the World Container Index by Drewry, you’ll get an idea of when the busy times are and can plan to book your shipments at a less busy time, when rates are lower. Deep dive into 10+ years of aggregated price indices and volume data. Find Out Published by Statista Research Department , Feb 24, 2021. Looking forward, we estimate it to trade at 2191.80 in 12 months time. The index tracks and shows the changes in pricing in the main lines for 40-foot-equivalent-unit (FEU) containers. According to the statements of Philip Damas, director, at Drewry, it remains to be seen whether these rate increases will stay or erode over time. Register Now. Looked at over a span of multiple years, global indices provide important insights on the ebb and flow of ocean container markets. A global container index is a weighted average of individual lane indices and offers a big-picture perspective on the worldwide supply/demand balance. Spot rates for transporting 40-foot boxes rose 50% on average in 2020, according to World Container Index data and Bloomberg Intelligence. Rigorous processes ensure the integrity of our data. Read More ». TIOBE Index for May 2021 May Headline: Python back at second position . The RWI/ISL Container Throughput Index for February 2021 will be published on March 25, 2021. This recent market research study on Global FIBC (Flexible Intermediate Bulk Container) Market Growth 2021-2026 aims to provide global investors with data on key fundamentals of the market. The Shanghai Containerized Freight Index jumped again last week, to another all-time high. Between 2020 and 2021, the global container … Vital resource for price trends and risk management. It is expressed as an average price per 40-foot container (in US$). By Hanna Ziady, CNN Business. There is also a global price that is an average across all seven lanes. Baltic Exchange Dry Index - data, forecasts, historical chart - was last updated on May of 2021. Summer Big Containers! The report offers an extensive study of market scale, drivers and vulnerabilities, main vendors, segment analysis, and regional outlook. Webinars . Within months, WFR will provide you direct access to a Worldwide network of Freight Forwarder companies capable of handling your every quote, schedule, and tracking need. U.K. firms struggling to deal with the pandemic and border problems caused by Brexit are particularly hard hit. In the previous six months, container rental rates have grown by about 50 percent as well. And between early January 2021 to February 5, shipping container prices rose 63 percent on the Freightos Baltic Index, which tracks global prices. In the week ending Feb-26, Ningbo Containerized Freight Index … The investigatory report provides a close analysis of the impact of COVID-19 on numerous segments within the Container Technology Korea market … Ningbo Containerized Freight Index Report, 26 February 2021. in Weekly Container Reports Index 01/03/2021. Current FBX. As countries continue their progress in transitioning to clean energy, it is critical to root the transition in economic, political and social practices to ensure progress is irreversible, according to the World Economic Forum's Fostering Effective Energy Transition 2021 report. Drewry Shipping Consultants compiles the World Container Index, a composite of freight rates on eight major routes to/from the US, Europe and Asia Freight Rates The CTS Global Aggregated Price Index. The World Container Index assessed by Drewry, a composite of container freight rates on eight major routes to/from the US, Europe and Asia decreased by 0.1% to US$1,483.46 per 40ft container this week (updated Thursday, 12 March 2020). Baltic Exchange Dry Index is expected to trade at 2778.47 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The Only Daily and IOSCO-compliant container freight index, ready for index-linked contracts and derivatives. Container port traffic (TEU: 20 foot equivalent units) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Powered by shipping line data. A boy watches a couple of tugboats trying to free the Ever Given on Friday. Updated 7:07 AM ET, Fri March 26, 2021. The best-performing of the three ETFs listed below is the Vanguard FTSE All-World ex-U.S. Small-Cap ETF ( … Dies ergab die Beurteilung durch World Container Index (WCI), einem paritätischen Gemeinschaftsunternehmen des international tätigen Beratungsunternehmens Drewry und dem elektronischen Marktplatz „The Cleartrade Exchange“. Why the World’s Container Ships Grew So Big As global trade has grown, shipping companies have steadily increased ship sizes — but the Suez Canal blockage showed that bigger is … The Chinese container manufacturers, which dominate the market, are now charging $2,500 for a new container, up from $1,600 last year. Die Container Frachtraten im Verkehr von Asien nach Europa sind vergangene Woche um satte 114 Prozent gestiegen. The World Container Index’s Shanghai-Rotterdam container freight rate sub-index went from USD 1,276 per 40ft container on 23 February to USD 2,732/40ft on 1 March, a rise of USD1,456. The S&P 500's total return over the past 12 months is 24.5%, as of February 26, 2021. World Container Index assessed by Drewry. The difference is only 0.11%, but it is reasonable to assume that Python will keep its second position for a longer time now. Two-year spot freight rate trend for the World Container Index: The composite index slid 0.1% or $6 this week, however, remains 220.7% higher than a year ago. The RWI/ISL Container Throughput Index uses the fact that international trade is primarily handled by ships and containers, which means the container throughput in ports is an important indicator of global trade. World Bank and IHS Markit report highlights large efficiency gaps between world’s key container ports. Published by M. Szmigiera , Mar 22, 2021. Drewry World Container Index (WCI) The Drewry World Container Index (WCI) measures the bi-weekly ocean freight rate movements of 40-foot containers in seven major maritime lanes. Select a route to see live international freight rates, prices and trends, updated daily from the world's largest freight rate index. JOC Staff | May 05, 2021 5:59AM EDT. Make critical business decisions with confidence. Global container market volume - growth rate 2015-2021. Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021. As 2020 draws to a close, the world’s container-shipping network is bursting at the seams. As the impact of the COVID-19 pandemic continues to be felt, closing the global gender gap has increased by a generation from 99.5 years to 135.6 years. LONDON, May 5, 2021—Asian container ports are the most efficient in the world, dominating the Top 50 spots according to the new global Container Port Performance Index (CPPI) launched by the World Bank and IHS Markit.The report scored ports against different metrics, making … Shanghai Export Containerized Freight Index (SCFI) was officially launched as of October 16, 2009. Fitch Ratings-London-23 February 2021: Global container shipping companies' performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. 0 740. The container shortage also drives up new containers' prices, as manufacturers know the demand to charge extra. Currently, the database consists of 82 international ports covering more than 60% of world container handling. Global Container Shipping Rates Are High, but Unsustainable. Information on all lines belonging to World Liner Data Supply & Demand Load Factors. A new index, jointly created by the World Bank and IHS Markit, shows that Asian container ports are the most efficient as ports in various regions struggle with … The enormous ship can hold up to 20,000 containers… Kim Link-Wills, Senior Editor Thursday, May 13, 2021. Another generation of women will have to wait for gender parity, according to the World Economic Forum’s Global Gender Gap Report 2021. In August 2020, the global container shipping throughput recorded an index value of 119.4, an increase from 114.7 in … World Ports Conference 2021 21-25 June 2021. The full 'worm moon' helped break the logjam in the Suez Canal. The Global Container Technology Korea Market | Research Report 2021-2028 provides a comprehensive assessment of the Container Technology Market for the forecast from 2021 to 2028, as well as market values for the years 2018 and 2020. This index reflects the ocean freight and the associated seaborne surcharges of individual shipping routes on the spot market. A world-class virtual event assessing the indispensable role of ports in global maritime trade and brings together key industry stakeholders for learning, information sharing, networking and collaboration. Independent monthly price index. The situation for importers is getting even more dire. 10+ Crates!
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