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freight rates


Friday, August 25, 2023
Port of Rotterdam. Photo Credit: Aerovista Luchtfotografie / Shutterstock.com
Shipping

Asia-North Europe Rates Sinking Again as GRIs ‘Run Out of Steam’

By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October

August 25, 2023
Total Views: 1093

Friday, August 18, 2023
Aerial view of a container ship
Shipping

More Blanked Sailings and Rate Increases for Transatlantic Shipping

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut

August 18, 2023
Total Views: 1386

Wednesday, August 2, 2023
The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Transatlantic Carriers Change Course

By Mike Wackett (The Loadstar) – Transatlantic container rates from North Europe to the US east coast have fallen below pre-pandemic levels after ocean

August 2, 2023
Total Views: 3178

Tuesday, August 1, 2023
containership
Shipping

No Respite for Ocean Carriers as Long-Term Freight Rates Fall to Two-Year Low, Xeneta Says

Global long-term freight rates have fallen to a two-year low, with little respite on the horizon for carriers as new capacity hits the water, according to

August 1, 2023
Total Views: 1450

Friday, July 21, 2023
Aerial top view of a containership underway
Shipping

Container Spot Rates: Mixed Fortunes on Transpacific and Transatlantic Trade Lanes

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term

July 21, 2023
Total Views: 1028

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

Container Freight Rates Inch Upward, But Lingering Challenges Impede Full Recovery

By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to

July 14, 2023
Total Views: 1305

Friday, July 7, 2023
container ship at sea
Shipping

Ocean Carriers Run Out of Niche Trades

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic took a hammering this week, losing over 20% of their value, and the

July 7, 2023
Total Views: 2125

Monday, July 3, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Maersk Unleashes Huge Asia-North Europe Rate Hike

By Mike Wackett (The Loadstar) – Maersk is attempting to undo weeks of heavy discounting on the Asia-North Europe tradelane with a substantial increase

July 3, 2023
Total Views: 4461

Friday, June 23, 2023
FILE PHOTO: Shipping containers are seen at the container terminal of the port of Oakland, California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo
Shipping

Liner Bear Market Looms as Rates Continue to Tumble

By Mike Wackett (The Loadstar) – Maritime analysts are bearish on the outlook for liner shipping, as inventory de-stocking progress in the US and Europe

June 23, 2023
Total Views: 1098

Friday, June 2, 2023
Aerial top view of a containership underway
Shipping

Long-Term Container Freight Rates ‘Collapse’, Says Xeneta

By Charlie Bartlett (The Loadstar) – June is bearing few surprises for container shipping, with demand continuing its inexorable downward correction. In

June 2, 2023
Total Views: 4821

Friday, May 26, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Peak Season Hope Fades as Container Freight Rates Slip Again

By Mike Wackett (The Loadstar) – The prospect of a traditional peak season is slipping away with each week that passes and ocean carriers are as yet

May 26, 2023
Total Views: 3569

Friday, May 5, 2023
containership
Shipping

With Rates Under Pressure, Ocean Carriers Struggle to Hold Transpacific GRIs

By Mike Wackett (The Loadstar) – The transpacific mid-April GRIs (General Rate Increase) imposed by carriers, ahead of the finalisation of annual

May 5, 2023
Total Views: 1503

Friday, April 28, 2023
cargo ships loading at port of oakland
Shipping

Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’

By Nick Savvides (The Loadstar) – Weak demand in the three major ocean trades, coupled with the expected flood of new tonnage, will feed declining

April 28, 2023
Total Views: 1361

Thursday, April 27, 2023
Aerial view of a container ship
Shipping

Opinion: Global Freight Shows Signs of Bottoming Out

By John Kemp LONDON, April 27 (Reuters) – Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at

April 27, 2023
Total Views: 2442

Tuesday, April 25, 2023
Port of Hamburg
Shipping

HSBC: Freight Rates Expected to Rise as Contract Season Ends and Labor Issues Persist

The Shanghai Containerised Freight Index (SCFI) experienced a slight increase of 0.3% week-on-week as carriers aim to strengthen spot rates during the

April 25, 2023
Total Views: 2428

Friday, March 17, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Is Container Shipping’s Rate Erosion Over?

By Mike Wackett (The Loadstar) – The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe

March 17, 2023
Total Views: 4974

Tuesday, March 14, 2023
Aerial top view of a containership underway
Shipping

More Bad News for Ocean Carriers as Rate Erosion Continues

By Mike Wackett (The Loadstar) – Ocean carriers are writing-off the first six months of this year, banking on a restocking demand boost in H2 to

March 14, 2023
Total Views: 3332

Tuesday, February 28, 2023
Aerial photo of the port of Long Beach
Shipping

Container Shipping: Tables Have Turned at TPM 2023

By Mike Wackett in Long Beach (The Loadstar) – One year ago, there were more than 100 ships waiting outside the ports of Los Angeles and Long Beach,

February 28, 2023
Total Views: 6991

Monday, February 27, 2023
Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off
Shipping

Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off

By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,

February 27, 2023
Total Views: 8906

Friday, February 17, 2023
containership
Shipping

Bad News for Ocean Carriers as Contract Rates ‘Trending Towards Spot’

By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,

February 17, 2023
Total Views: 2155
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