container spot rates


Monday, March 4, 2024
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: 1342

Tuesday, January 30, 2024
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: 2982

Thursday, January 4, 2024
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: 3542

Thursday, November 30, 2023
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: 1990

Friday, November 17, 2023
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: 976

Thursday, November 2, 2023
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: 1102

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: 13697

Friday, October 27, 2023
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: 1491

Friday, September 22, 2023
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: 971

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: 1748

Friday, August 25, 2023
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: 1156

Friday, August 18, 2023
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: 1457

Wednesday, August 2, 2023
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: 3228

Friday, July 21, 2023
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: 1108

Friday, May 26, 2023
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: 3658

Friday, April 28, 2023
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: 1398

Friday, March 17, 2023
Shipping

Is Container Shipping’s Rate Erosion Over?

By Mike Wackett (The Loadstar) – The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe

March 17, 2023
Total Views: 5021

Tuesday, February 28, 2023
Shipping

Container Shipping: Tables Have Turned at TPM 2023

By Mike Wackett in Long Beach (The Loadstar) – One year ago, there were more than 100 ships waiting outside the ports of Los Angeles and Long Beach,

February 28, 2023
Total Views: 7083

Monday, February 27, 2023
Shipping

Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off

By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,

February 27, 2023
Total Views: 9010

Friday, January 13, 2023
Shipping

Ocean Carriers Hoping for Post-CNY Demand Surge

By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container

January 13, 2023
Total Views: 908