freight rates

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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