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For container manufacturers, 40-foot High-Cubes now dominate market demand both for dry and refrigerated units. [59] Manufacturing prices for regular dry freight containers are typically in the range of $1750–$2000 U.S. per CEU (container equivalent unit), [57] and about 90% of the world's containers are made in China. [48]
A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo.
An ore-bulk-oil carrier, also known as combination carrier or OBO, is a ship designed to be capable of carrying wet or dry bulk cargoes. [109] This design was intended to provide flexibility in two ways. [110] Firstly, an OBO would be able to switch between the dry and wet bulk trades based on market conditions. [110]
Blowout equity momentum isn't guaranteed after the Fed cuts rates, JPMorgan said. If the Fed cuts in reaction to weaker growth, the positive impact may be muted, the firm wrote.
September 9, 2024 at 9:57 AM. By Mariam Sunny and Sneha S K. (Reuters) -Relay Therapeutics said on Monday interim data from an early-stage study of its combination drug for breast cancer showed it ...
September 6, 2024 at 10:35 AM. John Roman | Dreamstime.com. On Saturday, a new driver safety law passed the California legislature. Senate Bill 961 requires every passenger vehicle of the 2030 ...
The Port of New York and New Jersey is the port district of the New York-Newark metropolitan area, [1] encompassing the region within approximately a 25-mile (40 km) radius of the Statue of Liberty National Monument. It includes the system of navigable waterways in the New York–New Jersey Harbor Estuary, which runs along over 770 miles (1,240 ...
The Baltic Dry Index (BDI), a shipping freight-cost index which reflects the demand for shipping capacity versus the supply of dry bulk carriers, is generally seen as a leading indicator of economic activity, because changes in the index reflect global supply and demand for commodities and raw materials used in manufacturing. A falling BDI can ...
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