Carriers Push December FAK Increases as Asia–Europe Demand Holds
Mid-November FAK [freight all kinds] price hikes continued to strengthen container freight spot rates on the Asia-Europe trades this
The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.
Mid-November FAK [freight all kinds] price hikes continued to strengthen container freight spot rates on the Asia-Europe trades this
By Gavin van Marle (The Loadstar) – Container spot freight rates out of Asia this week diverged between the North American and European markets. On the
Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general rate increases (GRIs), although the
It was another week of confused signals on container spot freight rates from the main indices – the Shanghai Containerised Freight Index (SCFI) continuing to
The impact of Chinese port fees on US-owned and operated ships has proved milder than
Container spot freight rates on the main east-west trades reversed months of consecutive declines this week with a series of general rate increases (GRIs) and
Container spot freight rates saw another week of moderate decline on the main east-west routes amid subdued trading activity due to the Golden Week holiday,
Due to China’s Golden Week holiday, underway since Wednesday, there was no Shanghai Containerised Freight Index (SCFI) this week – however, Drewry’s
With the Chinese Golden Week holiday beginning next Wednesday, there was little surprise that spot rates on the main east-west ocean trades continued to
With spot rates on Asia-Europe shipments now being discounted on an almost daily basis, freight buyers on the trades fear that a new freight rate war may now
The Premier Alliance has separated its transatlantic MS2 service into two loops, one Asia-Mediterranean (MD2) and the other, a Middle East-US lane (GS2), to
CMA CGM has become the latest major carrier to indicate that it will not add a new surcharge on shipments to the US that may be affected by the forthcoming
Container spot freight rates on the main east-west deepsea trades witnessed more declines this week, as a combination of weak demand and excess supply of slot
The race for cargo has begun between carriers as volumes dip and fleet growth hits its new record, with the alliances eyeing different
Container spot rates have experienced their tenth consecutive week of declines – albeit with indications of some form of stabilisation – so, is it more of
Mid-size and feeder vessels continue to dominate newbuilding orders in the past week, taking the box ship orderbook to well over 10m teu, a 15-year
More shippers have lodged complaints with the US Federal Maritime Commission (FMC), with DB Schenker USA and Wallenius Wilhelmsen (WW) the latest operators
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of decline seemingly the best carriers can hope for –
Carriers have been warned to proceed “with extreme caution” following the major widening of the Houthis’ sphere of attacks announced last week, with
Singapore carrier SeaLead Shipping yesterday terminated charters on 16 ships caught up in the US Office of Foreign Asset Control’s (OFAC) sanctions on an
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