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The basic MarineTraffic service can be used without cost; more advanced functions such as satellite-based tracking are available subject to payment. [3] The site has six million unique visitors on a monthly basis. In April 2015, the service had 600,000 registered users. [4] [5]
This is widely used as an indicator of global container prices. [14] [15] In 2021 Freightos launched the Freightos Air Index (FAX) of air cargo rates. In September 2018, Freightos announced a $44.4 million dollar Series C funding round, led by the Singapore Exchange and together with previous investors, including Aleph and More VC. [16]
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).
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.
APM Terminals is a port operating company headquartered in The Hague, Netherlands.A unit of Danish shipping company Maersk's Transport and Logistics division. It manages container terminals and provides integrated cargo and inland services, operating 74 port and terminal facilities in 38 countries on five continents.
Hapag and NDL continued to compete until they established a joint-venture container line. The "Hapag-Lloyd Container Line", founded in 1967 and operating from 1968 onward, was established to share the huge investments related to the containerisation of the fleets. The two companies finally merged on 1 September 1970, under the name Hapag-Lloyd. [4]
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Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes today, as opposed to other systems such as the barge system or palletization. [ 2 ]