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The port itself is the most important in Mindanao [4] and also has the busiest international container port in both Visayas and Mindanao. [5] The port serves as the gateway to the southern Philippines and is considered as the best-performing port in Mindanao. [6] A number of passenger ship-lines operate to Davao, including WG&A Superferry.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
A shipping container is a container with strength suitable to withstand shipment, storage, and handling. Shipping containers range from large reusable steel boxes used for intermodal shipments to the ubiquitous corrugated boxes .
In 2019, Manila International Container Terminal ranked 29th in the list of world's busiest container ports with Twenty-foot equivalent units (TEUs) of 5,315. [17] Inaugurated on July 7, 2012, Berth 6 became fully operational and increased the Port's annual capacity by 450,000 TEUs.
From 2008 to 2009, new container ship prices dropped by 19–33%, while prices for 10-year-old container ships dropped by 47–69%. [64] In March 2010, the average price for a geared 500-TEU container ship was $10 million, while gearless ships of 6,500 and 12,000 TEU averaged prices of $74 million and $105 million respectively. [ 65 ]
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).
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 ...
This is a list of the busiest seaports by cargo tonnage, the total mass, or in some cases volume, of actual cargo transported through the port.The rankings are based on AAPA world port ranking data.
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