Container Shipping Rates Keep Dropping as Tariff Surge Runs Out of Steam
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
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
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
A sharp drop in shipping rates could be on the cards later this year after tariff-driven demand in the second quarter pulled forward volumes from the
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the
Drewry’s World Container Index recorded its fifth consecutive weekly decline on Thursday, dropping 2.6% as the market continues to cool following earlier
Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance
Global container shipping rates have seen a dramatic upturn, with Drewry’s World Container Index climbing 41% this week to reach $3,527 per 40ft
Container shippings is experiencing significant disruptions as continued blank sailings on Transpacific routes reach unprecedented levels amid escalating trade
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to plague the transpacific market and demand
In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium,
A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of
The maritime industry has experienced mounting cost pressures in the past year as vessels reroute around Africa due to Red Sea security concerns. Shipping
Despite the Houthis’ recent pledge to halt attacks on non-Israeli commercial vessels following the Israel-Hamas ceasefire agreement of January 19th,
The dry bulk shipping sector is heading for stronger earnings in 2025, driven by environmental regulations reshaping vessel supply and sustained commodity
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s
By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further
Container shipping alliances are reshaping their East-West liner schedules for 2025, with new network plans and partnerships emerging as the industry continues
The latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast has highlighted significant changes in the composition of
By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US
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