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freight rates


Monday, October 21, 2024
FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Shipping

Cape of Good Profits: Maersk Sees Red Sea Chaos and Soaring Demand Pushing Earnings Even Higher

A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and

6 hours ago
Total Views: 493

Friday, October 18, 2024
Aerial top view of a containership underway
Shipping

No End in Sight: New Ships Won’t Stop Freight Rates From Climbing in 2025

By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further

October 18, 2024
Total Views: 1661

Friday, September 13, 2024
The Port of Savannah's Garden City Terminal courtesy Georgia Ports Authority
Ports

Container Spot Rates Continue to Tumble as Peak Season Comes to Early End

By Gavin van Marle (The Loadstar) – Spot freight rates on every major container lane continued to tumble over the past week as demand remained flat,

September 13, 2024
Total Views: 3309

Friday, July 12, 2024
Aerial view of a container ship
Shipping

Container Spot Rates Take a Breather

By Gavin van Marle (The Loadstar) – Spot freight rate levels on the major east-west container trades this week remained flat, as the third-quarter peak

July 12, 2024
Total Views: 1306

Tuesday, July 9, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Slumping Freight Rates Telegraph Warning on Asian Crude Demand

(Bloomberg) — The cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China. Freight

July 9, 2024
Total Views: 745

Friday, July 5, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Spot Rate Surge to Continue Post-Golden Week

By Gavin van Marle (The Loadstar) – Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels,

July 5, 2024
Total Views: 893

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

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: 2138

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

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: 2657

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

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: 4565

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

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: 1699

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

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: 1071

Friday, April 12, 2024
oocl containership
Shipping

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: 2507

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
Shipping

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: 1418

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

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: 883

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

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: 3406

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

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: 2184

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

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: 1231

Monday, February 5, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

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: 1670

Tuesday, January 30, 2024
container ship at sea
Shipping

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: 2903

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

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: 2380
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