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
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in
(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain
By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter
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
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
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
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
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
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
By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates
By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they
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
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
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
(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
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
By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have
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
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
KYIV, Nov 10 (Reuters) – Freight costs for ships in Ukraine‘s alternative export corridor have eased back to their former levels, a
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