Container Spot Rates Rebound as Carriers Shift to Weekly Price Hikes
Global container shipping rates climbed 7% this week to $1,927 per 40-foot container, snapping a three-week decline that had pushed spot rates to their lowest
Global container shipping rates climbed 7% this week to $1,927 per 40-foot container, snapping a three-week decline that had pushed spot rates to their lowest
Global container shipping rates declined this week as persistent rate pressures on key Transpacific routes offset efforts by carriers to stabilize pricing
Mid-November FAK [freight all kinds] price hikes continued to strengthen container freight spot rates on the Asia-Europe trades this
The Drewry World Container Index remained unchanged this week at $1,852 per 40-foot container, as declining rates on Transpacific routes were offset by
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 12-month trade truce between the United States and China announced this week will not prevent ocean container freight rates from continuing their decline
The Drewry World Container Index increased 4% to $1,822 per 40-foot container this week, marking the third straight week of gains following a prolonged 17-week
Average spot rates on major front-haul trades from the Far East increased sharply in October, but shippers preparing for 2026 contract negotiations should not
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
The Drewry World Container Index increased 2% to $1,687 per 40ft container this week, marking the first increase following 17 consecutive weeks of decline.
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
The Drewry World Container Index has fallen 5% to $1,669 per 40ft container, marking the 16th consecutive weekly decline and reaching its lowest level since
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 maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking
The Drewry World Container Index (WCI) fell 3% to $2,044 per 40ft container this week, marking the 13th consecutive week of decline in global container
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
Container spot rates have experienced their tenth consecutive week of declines – albeit with indications of some form of stabilisation – so, is it more of
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up