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The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
By the end of 2013, high-cube 40 ft containers represented almost 50% of the world's maritime container fleet, according to Drewry's Container Census report. [ 47 ] About 90% of the world's containers are either nominal 20-foot (6.1 m) or 40-foot (12.2 m) long, [ 6 ] [ 48 ] although the United States and Canada also use longer units of 45 ft ...
A flat rack container is a shipping container with two end walls, but without side walls and roof. Some flat racks can also be equipped with pillars. Flat rack containers are also available as stake containers with and without end walls. [1] There are flat racks in the standard sizes 20′ or 40′, and also in the dimensions of high cube ...
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize , Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Leasing business accounted for 55% of new container purchases in 2017, with their box fleet growing at 6.7%, compared to units of transport operators growing by just 2.4% more TEU, said global shipping consultancy Drewry in their 'Container Census & Leasing and Equipment Insight', leading to a leased share of the global ocean container fleet ...
The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number of TEUs counted. [1]
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