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Australia · AustraliaDaily Cargo News DREWRY’s World Container Index decreased 7% to $3,279 per 40ft container this week. For the first time in over a month, Drewry’s WCI fell 7% this week, following six weeks of gains, mainly due to the low demand for US-bound cargo. It is a sign that the recent surge in imports to the US, which occurred after the temporary halt of higher US tariffs, will fail to have the lasting impact we had initially expected. Freight rates fro…Read Article
World Container Index drops
Western Australia · Western AustraliaAllen Newton BIGLIFT Shipping’s West Australian and Northern Territory commercial representative, David Lynn, is retiring after a 48-year career in the shipping industry. He has worked for the Amsterdam-based company for nearly 40 of those years. BigLift is one of the world’s leading heavy lift shipping companies, specialising in worldwide ocean transportation of ro-ro, heavy lift and project cargoes, with a history dating back to 1973. In a…Read Article
