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container spot rates


Friday, April 12, 2024
oocl containership
Shipping

Container Freight Rates Stabilizing

By Gavin van Marle (The Loadstar) – While container spot rates on the Asia-Europe and Asia-North America trades continued to remain elevated, year on

13 hours ago
Total Views: 1345

Friday, April 5, 2024
File photo of a containership in port
Shipping

Carriers Unveil New FAK Hikes in Bid to Halt Asia-Europe Rates Slide

By Gavin van Marle (The Loadstar) – Container spot freight rates on the main deepsea east-west trades continued their gentle descent over the course of

April 5, 2024
Total Views: 848

Thursday, March 14, 2024
Overcapacity Pushing Rates to ‘Unsustainable Levels’, Maersk CEO Says
Shipping

Overcapacity Pushing Rates to ‘Unsustainable Levels’, Maersk CEO Says

OPENHAGEN, March 14 (Reuters) – The global container shipping market faces overcapacity in the coming years and the rates paid by customers have

March 14, 2024
Total Views: 2550

Monday, March 11, 2024
A worker on a container crane at the Port of Los Angeles
Shipping

TPM24: Spot Rate Spike Hits Transpacific Contract Negotiations

By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,

March 11, 2024
Total Views: 1121

Monday, March 4, 2024
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

TPM24: Liner Heavyweights Face Tough Transpacific Contract Talks

By Mike Wackett in Long Beach (The Loadstar) – Some 4,000 container shipping industry attendees are assembling at the Long Beach Convention Center in

March 4, 2024
Total Views: 1243

Tuesday, January 30, 2024
container ship at sea
Shipping

Red Sea Crisis: Surge in Ocean Freight Rates Outpaces COVID-19

Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the

January 30, 2024
Total Views: 2877

Thursday, January 4, 2024
container shipping
Shipping

Container Spot Rates Soar on Red Sea Threats

(Bloomberg) — Short-term rates for container shipping between Asia, Europe and the US are climbing on reduced capacity caused by the threats to cargo

January 4, 2024
Total Views: 3448

Thursday, November 30, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Container Shipping Market Faces ‘Brutal’ 2024, Xeneta Says

The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta

November 30, 2023
Total Views: 1910

Friday, November 17, 2023
Stock photo shows a MSC shipping container being lifted onto a ship
Shipping

Carriers Struggle to Uphold Rate Increases as Spot Rally Fades

By Mike Wackett (The Loadstar) – After recording gains across the board last week, the container spot market indices are back to flashing red for the

November 17, 2023
Total Views: 928

Thursday, November 2, 2023
Aerial top view of a containership at port
Shipping

Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates

By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed

November 2, 2023
Total Views: 1059

Monday, October 30, 2023
The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Westbound Transatlantic ‘A Total Disaster’

By Mike Wackett (The Loadstar) – According to CMA CGM, westbound transatlantic ocean rates have now hit “unsustainable levels”. The French carrier

October 30, 2023
Total Views: 13617

Friday, October 27, 2023
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

Ocean Carriers’ Hopes for Rate Hike Dampened as Spot Rates Spiral

By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier

October 27, 2023
Total Views: 1438

Friday, September 22, 2023
Aerial top view of a containership at port
Shipping

Asia-North Europe Spot Rates in Free Fall

By Mike Wackett – Container spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost

September 22, 2023
Total Views: 919

Friday, September 15, 2023
Containership docking Port of Long Beach
Shipping

Carriers Pull Capacity to Boost Floundering Spot Rates

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

September 15, 2023
Total Views: 1671

Friday, August 25, 2023
Port of Rotterdam. Photo Credit: Aerovista Luchtfotografie / Shutterstock.com
Shipping

Asia-North Europe Rates Sinking Again as GRIs ‘Run Out of Steam’

By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October

August 25, 2023
Total Views: 1093

Friday, August 18, 2023
Aerial view of a container ship
Shipping

More Blanked Sailings and Rate Increases for Transatlantic Shipping

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut

August 18, 2023
Total Views: 1386

Wednesday, August 2, 2023
The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Transatlantic Carriers Change Course

By Mike Wackett (The Loadstar) – Transatlantic container rates from North Europe to the US east coast have fallen below pre-pandemic levels after ocean

August 2, 2023
Total Views: 3178

Friday, July 21, 2023
Aerial top view of a containership underway
Shipping

Container Spot Rates: Mixed Fortunes on Transpacific and Transatlantic Trade Lanes

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term

July 21, 2023
Total Views: 1027

Friday, May 26, 2023
Aerial top view of a containership at port
Shipping

Peak Season Hope Fades as Container Freight Rates Slip Again

By Mike Wackett (The Loadstar) – The prospect of a traditional peak season is slipping away with each week that passes and ocean carriers are as yet

May 26, 2023
Total Views: 3569

Friday, April 28, 2023
cargo ships loading at port of oakland
Shipping

Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’

By Nick Savvides (The Loadstar) – Weak demand in the three major ocean trades, coupled with the expected flood of new tonnage, will feed declining

April 28, 2023
Total Views: 1361
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