Freight Rates: Where is the Container Industry Headed?

Twitter
Facebook
LinkedIn
Email

Authorship

Patrik Berglund, CEO & Co-founder, Xeneta, Oslo, Norway

Publication

Containerships continue to grow in size, as evidenced by MOL’s recent order for 22,000 TEU megaships, carriers, shippers, ports, and governments are beginning to ramp-up orders to deal with the financial, logistical and legal ramifications of such ships. Much as carriers and shippers need to work as partners in moving cargo so each side earns a profit and reliability of vessel schedules remains a joint priority, ports and port operators also need to be brought into the same equation. The larger vessels employed today bring an incredibly complex choreography with them into each port; just last week in the Port of Los Angeles, the Maersk Evora loaded and unloaded a record total of 24,846 TEUs between October 17-22, 2017 which Maersk is claiming is a new world record for a single port call. It’s more than just loading and unloading boxes: One needs to visualize the planning needed to coordinate the rail, trucking, chassis availabiliti es and customs documentation. 

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.