“The container market is on fire.” Braemar outlines the combination of geopolitical upheaval and market economics that is driving parts of the charter market ever upwards, with every sector in the broker’s index on the up.

With the rapid growth of electric vehicles both as cargo and terminal operating equipment there are growing concerns in the industry over lithium-ion battery fires that rage out of control.

Box prices in Singapore have swelled 26% in the six months up to May this year according to Container xChange figures as congestion spreads globally adding demand for boxes.

ONE and Freightliner have partnered to use pure biofuel in the transport of ONE containers on the UK rail network.

The number of containers lost at sea in 2023 was around a third of the level seen in 2022 and the lowest since 2008, according to WSC.

MSC’s new Britannia service between Europe and China is set to slash EU ETS costs with the last port of call outside of the EU in Liverpool as carriers beef up services in both the US and Europe as demand builds to the traditional August peak.

The full 700 foot width of the Fort McHenry Federal Channel in Baltimore has been reopened after the removal of 50,000 tons of bridge wreckage.