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Friday, August 7, 2020

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Carriers prepare for slow trot into into Year of the Green Wood Horse

Posted to Far East Maritime (by Greg Knowler) on October 24, 2013

The Year of the Horse is riding into China early next year and it is playing havoc with shipping schedules in the first quarter. Chinese New Year falls at the end of January and factories traditionally close for three weeks and sometimes even longer.

Record box prices set to stay as demand way outstrips supply

Posted to Far East Maritime (by Greg Knowler) on July 6, 2010

In a normal year (normal being a year when consumers actually consume things), the world's two main box makers make 3.5 million boxes. Last year, Singamas Container Holdings and the market leading China International Marine Containers (CIC) produced just 220…