Carriers Control the Market as Spot Rates Rise and Capacity Tightens
By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter
By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter
By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by
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
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
OPENHAGEN, March 14 (Reuters) – The global container shipping market faces overcapacity in the coming years and the rates paid by customers have
By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,
By Mike Wackett in Long Beach (The Loadstar) – Some 4,000 container shipping industry attendees are assembling at the Long Beach Convention Center in
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
(Bloomberg) — Short-term rates for container shipping between Asia, Europe and the US are climbing on reduced capacity caused by the threats to cargo
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
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
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
By Mike Wackett (The Loadstar) – According to CMA CGM, westbound transatlantic ocean rates have now hit “unsustainable levels”. The French carrier
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
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
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
By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October
By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut
By Mike Wackett (The Loadstar) – Transatlantic container rates from North Europe to the US east coast have fallen below pre-pandemic levels after ocean
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
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