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