container spot rates


Thursday, November 2, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
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: 1108

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: 13703

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: 1494

Friday, September 22, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
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: 980

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: 1756

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: 1166

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: 1458

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: 3231

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: 1109

Friday, May 26, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
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
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: 1399

Friday, March 17, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
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: 5029

Tuesday, February 28, 2023
Aerial photo of MSC ships at the port of Long Beach
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: 7086

Monday, February 27, 2023
Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off
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: 9018

Friday, January 13, 2023
Maersk ship entering the Port of Rotterdam
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

Friday, October 21, 2022
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Export Markets ‘Destabilized’ as Carriers ‘Undersell’ Capacity

By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted

October 21, 2022
Total Views: 1941