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freight rates

Friday, June 14, 2024
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock

Container Spot Rates Set to Rise Further

Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta.

June 14, 2024
Total Views: 1960

Wednesday, June 5, 2024
Aerial view of a container ship

Container Price Bubble Expected to Burst in 2H 2024, Says Container xChange

Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in

June 5, 2024
Total Views: 2359

Tuesday, May 28, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner

Freight Rate Surge Recalls Covid ‘Chaos’

(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain

May 28, 2024
Total Views: 4465

Friday, May 10, 2024
File photo of a containership in port

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

May 10, 2024
Total Views: 1636

Thursday, May 2, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner

Uncertainty Looms Over Long-Term Container Freight Rates

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow

May 2, 2024
Total Views: 1033

Friday, April 12, 2024
oocl containership

Container Freight Rates Stabilizing

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

April 12, 2024
Total Views: 2470

Monday, April 8, 2024
A Coast Guard Station Milford Haven 29-foot Response Boat-Small boat crew assesses the Francis Scott Key Bridge collapse in Baltimore, Maryland, March 29, 2024. U.S. Coast Guard Photo

Container Shipping Rates Unaffected by Baltimore Key Bridge Collapse, Xeneta Says

The recent collapse of the Francis Scott Key Bridge in Baltimore has not led to an increase in ocean freight container shipping rates, according to ocean

April 8, 2024
Total Views: 1399

Friday, April 5, 2024
File photo of a containership in port

Carriers Unveil New FAK Hikes in Bid to Halt Asia-Europe Rates Slide

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

April 5, 2024
Total Views: 865

Friday, March 1, 2024
A containership at the Port of Long Beach

Shippers, Carriers Navigate Soaring Rates Heading Into Contract Negotiations

Long-term container freight rates are soaring as many U.S. shippers begin negotiations over new long term contracts at the Journal of Commerce’s TPM24

March 1, 2024
Total Views: 3385

Friday, February 16, 2024
A containership at the Port of Long Beach

Transpacific Carriers May Have Edge as Contract Season Looms

By Mike Wackett (The Loadstar) – Transpacific ocean carriers are holding on to as much of their Red Sea crisis-induced gains as they can, heading into

February 16, 2024
Total Views: 2177

Friday, February 9, 2024
A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.

Spot Rates Roller Coaster for Container Shipping

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates

February 9, 2024
Total Views: 1201

Monday, February 5, 2024

Freight Rates Begin to Settle as Shippers Adjust to Cape Diversions

By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they

February 5, 2024
Total Views: 1650

Tuesday, January 30, 2024
container ship at sea

Red Sea Crisis: Surge in Ocean Freight Rates Outpaces COVID-19

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

January 30, 2024
Total Views: 2881

Tuesday, January 23, 2024
Aerial top view of a containership underway

Xeneta Sees Freight Rates Rising Further Amid Red Sea Crisis

Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate

January 23, 2024
Total Views: 2360

Monday, January 22, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

January 22, 2024
Total Views: 2467

Wednesday, January 10, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

Surge in Freight Reverberates Through the Global Oil Market

(Bloomberg) — A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices. The

January 10, 2024
Total Views: 1748

Friday, December 8, 2023

Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions

By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd

December 8, 2023
Total Views: 2521

Friday, December 1, 2023
Aerial view of a container ship

Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

December 1, 2023
Total Views: 1004

Thursday, November 30, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS

Container Shipping Market Faces ‘Brutal’ 2024, Xeneta Says

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

November 30, 2023
Total Views: 1912

Friday, November 17, 2023
Stock photo shows a MSC shipping container being lifted onto a ship

Carriers Struggle to Uphold Rate Increases as Spot Rally Fades

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

November 17, 2023
Total Views: 929


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