freight rates

Wednesday, February 1, 2023
AFIF Hapag-Lloyd

‘The Party is Over’ for Container Shipping, Says Hapag-Lloyd CEO

HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief

49 mins ago
Total Views: 209

Thursday, January 26, 2023
shipping container

Freightos to Go Public in a Rare Pandemic-Era Move for Shipping

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry

January 26, 2023
Total Views: 532

Wednesday, January 25, 2023

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3122

Friday, January 13, 2023

Ocean Carriers Hoping for Post-CNY Demand Surge

By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container

January 13, 2023
Total Views: 845

Thursday, January 12, 2023

The One Bright Spot in Container Shipping’s Spot Rate Downturn

By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European

January 12, 2023
Total Views: 1156

Monday, January 9, 2023

Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers

By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top

January 9, 2023
Total Views: 857

Friday, January 6, 2023

Peak Season Surge Could Be Make or Break for Ocean Carriers

By Mike Wackett (The Loadstar) – Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from

January 6, 2023
Total Views: 1764

Tuesday, December 27, 2022

Carriers Face the ‘Quiet Before the Storm’ for Contract Rates

By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers  to secure their supply

December 27, 2022
Total Views: 2291

Thursday, December 22, 2022

Container Shipping’s Idled Fleet Set to Soar Next Year

By Mike Wackett (The Loadstar) – Just 12 months ago, the 2009-built 4,253 teu Synergy Oakland was preparing to commence a two-month charter

December 22, 2022
Total Views: 8192

Friday, December 9, 2022

Transatlantic Spot Rates Tread Water as Chinese Export Rates Tumble

By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from

December 9, 2022
Total Views: 808

Thursday, December 8, 2022
port of los angeles and long beach

Fitch: Container Shipping Outlook Deteriorates as Freight Rates Fall

The container shipping industry is likely to see significantly weaker profits next year as freight rates continue to normalize, says Fitch Ratings. Container

December 8, 2022
Total Views: 3842

Friday, November 25, 2022

CMA CGM Sees Abrupt Return to Normal for Freight Rates

French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in

November 25, 2022
Total Views: 5397

Friday, November 11, 2022

Container Spot Rates Tick Up as Capacity is Removed from Market

By Gavin van Marle (The Loadstar) – Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand,

November 11, 2022
Total Views: 2162

Friday, October 21, 2022

Export Markets ‘Destabilized’ as Carriers ‘Undersell’ Capacity

By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted

October 21, 2022
Total Views: 1842

Friday, October 7, 2022
container ship port

Worst Yet to Come for Container Shipping’s ‘Dramatic’ Spot Rate Collapse

By Mike Wackett (The Loadstar) – Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the vessels that

October 7, 2022
Total Views: 9325

Tuesday, October 4, 2022

Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says

As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where

October 4, 2022
Total Views: 2122

container ship at sea

Charterers Regain Control as Containership Charter Rates Collapse

By Mike Wackett (The Loadstar) – The containership charter market bubble appears to have burst, according to MSI’s Horizon report for

October 4, 2022
Total Views: 3532

Friday, September 30, 2022
container ship

Container Shipping Turning Point? Long-Term Rates Start to Slide

Long-term contract rates in container shipping fell for just second time this year in September in what is now the latest sign that the sector’s

September 30, 2022
Total Views: 3002

Thursday, September 29, 2022

Maersk Suspends Aisa-U.S. East Coast Loop

By Mike Wackett (The Loadstar) – Maersk has suspended an Asia-US east coast loop, confirming that transpacific ocean carriers are seeing a reduction in

September 29, 2022
Total Views: 5596

Soeren Skou, CEO Maersk

Maersk CEO: Holiday Shipping Won’t Save Carriers’ Christmas

By Jacob Gronholt-Pedersen and Terje Solsvik COPENHAGEN, Sept 29 (Reuters) – A.P. Moller-Maersk’s chief executive said on Thursday he expects a

September 29, 2022
Total Views: 1675