freight rates


Friday, October 24, 2025
Oil tanker on the horizon at sunset
Shipping

Rush to Replace Russian Oil Sees Supertanker Freight Rates Jump

Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude to seek

36 minutes ago
Total Views: 72

Thursday, October 23, 2025
Aerial view of a container terminal
Shipping

Container Shipping Rates Rise for Second Straight Week as Carriers Push GRIs

The Drewry World Container Index increased 3% to $1,746 per 40-foot container this week, marking the second consecutive week of gains following a 17-week

October 23, 2025
Total Views: 1014

Thursday, October 9, 2025
Port Los Angeles container terminal
Shipping

Freight to Dodge Worst of US Port Fees Thanks to Workarounds

Freight rates are likely to see limited impact when the US starts charging Chinese vessels for calling at its ports next week, as shipping firms find several

October 9, 2025
Total Views: 1088

Friday, October 3, 2025
Aerial view of a container terminal
Shipping

Container Spot Rates Extend Decline Across Main East-West Trades

Due to China’s Golden Week holiday, underway since Wednesday, there was no Shanghai Containerised Freight Index (SCFI) this week – however, Drewry’s

October 3, 2025
Total Views: 667

Friday, September 26, 2025
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Golden Week Gloom: Container Spot Rates Tumble Across East-West Trades

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

September 26, 2025
Total Views: 1106

Friday, September 19, 2025
A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs.
Shipping

Freight Rate War Engulfs Asia-Europe asTranspacific Rally Vanishes

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

September 19, 2025
Total Views: 1134

Thursday, September 18, 2025
Containership at the Port of Long Beach
Shipping

Container Shipping Rates Continue Decline as Tariff Concerns and U.S. Port Fees on China Reshape Trade

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

September 18, 2025
Total Views: 354

Friday, August 1, 2025
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Container Spot Rates Flat as Peak Season Fails to Materialize

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

August 1, 2025
Total Views: 647

Friday, July 25, 2025
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs

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

July 25, 2025
Total Views: 575

Friday, July 18, 2025
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

GRIs Fizzle as Transpacific Spot Rates Extend Losing Streak

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

July 18, 2025
Total Views: 850

Tuesday, June 24, 2025
LNG carrier in dense fog
Shipping

LNG Freight Rates Surge to 8-Month High Amid Middle East Turmoil

Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in more

June 24, 2025
Total Views: 418

Friday, June 13, 2025
wave breaking over tanker
News

Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a

June 13, 2025
Total Views: 1948

Friday, June 6, 2025
Aerial view of a container ship
Shipping

Container Spot Rates Surge as June GRIs Kick In

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

June 6, 2025
Total Views: 1294

Thursday, June 5, 2025
Aerial view of a container terminal
Shipping

Transpacific Freight Rates Surge Amid Trump Tariff Turmoil

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

June 5, 2025
Total Views: 571

Friday, May 23, 2025
Aerial top view of a containership underway
Shipping

Tariff Truce Spurs a Slow-Burn Surge in Transpacific Freight Rates

Container spot freight rates on the transpacific continued to trend upwards this week, albeit at a far gentler pace than last week’s GRI-induced double-digit

May 23, 2025
Total Views: 466

Thursday, May 22, 2025
The busy container port and natural scenery in Shanghai, China
Shipping

Warning Shot: GRIs Reveal Carrier Playbook Amid Tariff Rush

General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm bells for their clients with long-term

May 22, 2025
Total Views: 571

Thursday, May 8, 2025
French frigate escort. Photo: EUNAVFOR
Shipping

Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse

A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with

May 8, 2025
Total Views: 1047

Friday, April 11, 2025
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Tariff Turbulence Tests Container Markets, But Spot Rates Hold Firm

By Gavin van Marle (The Loadstar) – Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially

April 11, 2025
Total Views: 1245

Wednesday, April 2, 2025
an overhead view of port of los angeles docks
Shipping

Shippers Caught in the Crossfire of Trump’s ‘Liberation Day’ Tariff Blitz

Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though

April 2, 2025
Total Views: 1002

Friday, March 7, 2025
Aerial view of a container terminal
Shipping

Asia-Europe Container Spot Rates Find a Floor—For Now

This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate

March 7, 2025
Total Views: 95