Container Shipping Rates Hit 20-Month Low as 16-Week Decline Continues
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
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
Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week, marking the tenth consecutive week of decline as the market continues
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 –
Drewry’s World Container Index decreased 3% to $2,350 per 40ft container this week, marking the ninth consecutive week of decline as the market continues
Container spot freight rates on the major east-west trades were barely unchanged for yet another week, as expected peak season volumes are yet to materialise
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the
Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season
It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to lift
Drewry’s World Container Index recorded its fifth consecutive weekly decline on Thursday, dropping 2.6% as the market continues to cool following earlier
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least
By Gavin van Marle (The Loadstar) – For the first time since the beginning of this year it is now more expensive to ship a 40ft container from Asia to
By Lori Ann LaRocco – Ocean freight spot rates from Shanghai to the Arabian Gulf’s largest port, Jebel Ali, are surging. Xeneta average spot rates
Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took
Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand
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