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Displaying items by tag: Global Container Growth

#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below.

Container Market: Growing global container exports -Global container exports increased 5.3% year-on-year in December according to Container Trade Statistics' latest release as the global container market witnessed accelerated pace in global output. December's global exports increased 6.19% to 11,119,200 TEU from November, increasing for eight consecutive months by year-on-year comparison.

Market-Wide: Reuters forecast strong recovery in 2014 Reuters believe the shipping industry has turned a corner and that in 2014 it will emerge from its longest downturn in three decades, after prolonged overcapacity has depressed freight rates. They forecast that dry bulk vessels are likely to see the strongest recovery, as cargo growth overtakes supply of new tonnage for the first time in seven years.

Technology: Maersk's new air-cleaning reefer technology Maersk Container Industry (MCI) has partnered with technology firm Primaira to develop an air cleaning system in integrated refrigerated containers. Bluezone, the patented technology, has been shown to be an efficient eliminator of moulds, fungi and bacteria in thorough tests and trials by using an ozone concentration 300 times higher than otherwise in common usage.

For more on each of the above and other stories click the downloadable PDF IMDO Weekly Markets Review (Week 6). In addition to coverage on Afloat.ie's dedicated Ports & Shipping News section.

 

Published in Ports & Shipping