freight rates

Tuesday, June 21, 2022
port of los angeles and long beach

Old Is Gold: Sky-High Cost of Ageing Ships Sounds Inflation SOS

By Joe Brock SINGAPORE, June 21 (Reuters) – Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that

June 21, 2022
Total Views: 10256

Friday, June 10, 2022

Spot Rates Set to Spike as Strikes and Congestion Hit North Europe

By Mike Wackett (The Loadstar) – Despite a softening in demand, container spot rates from Asia to North Europe could be set to spike in the coming

June 10, 2022
Total Views: 839

Friday, April 1, 2022

Sky-High Container Freight Rates Seem Unfazed by Global Issues

By Mike Wackett (The Loadstar) – Covid lockdowns in China, war in Ukraine and the threat of hyper-inflation are a toxic mix of unpredictability for

April 1, 2022
Total Views: 4529

Friday, March 18, 2022
ningbo port congestion

Ocean Carriers Blank More Sailings as Spot Rates Fall

By Mike Wackett (The Loadstar) – Container spot rates continued their decline this week across most Chinese export routes, prompting ocean

March 18, 2022
Total Views: 7034


Pay-Anything Mentality Grips U.S. Importers Fearful of More Shipping Woes

By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping

March 18, 2022
Total Views: 1723

Friday, February 11, 2022

Softening Spot Rates Could Mean End for Ad-Hoc Carriers

By Mike Wackett (The Loadstar) – Maersk said this week it anticipated container spot rates would fall back in the second half of the year, justifying

February 11, 2022
Total Views: 1372

Wednesday, February 9, 2022
maersk freight cargo

Top European Shippers Warn Freight Costs to Stay High

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into

February 9, 2022
Total Views: 678

Tuesday, February 1, 2022
brussels express lng ship converstion

Hapag-Lloyd Reports ‘Extraordinarily Strong’ Earnings in 2021

German ocean carrier Hapag-Lloyd “extraordinarily strong” operating results in 2021 thanks to higher freight rates, although volumes remained

February 1, 2022
Total Views: 1297

cargo ships loading at port of oakland

Liner Industry Appears Set for Another Record Quarter as Rates Bull Run Continues

By Mike Wackett (The Loadstar) – The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be

February 1, 2022
Total Views: 1039

Friday, January 21, 2022

Asia-US West Coast Spot Rates Spike Ahead of Chinese New Year

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US west coast spiked this week, ahead of the Chinese New Year holiday on 1

January 21, 2022
Total Views: 1125

Friday, January 7, 2022
container ship at sea

Shippers Wrangle With Decision to Play Spot Market or Go Fixed-Rate

By Mike Wackett (The Loadstar) – Volume shippers offered new long-term fixed-rate contracts by container lines are, nevertheless, still keen to keep a

January 7, 2022
Total Views: 878

Friday, December 31, 2021

IKEA Raises Prices Amid Supply Chain Disruptions, Higher Shipping Costs

STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in

December 31, 2021
Total Views: 1898

Thursday, December 23, 2021
port of los angeles and long beach

The Loadstar: A Year of Covid Variants and Milking the Freight Rate Cash Cow

By Mike Wackett (The Loadstar) – Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic

December 23, 2021
Total Views: 1112

Friday, December 17, 2021
CMA CGM mega-ship Marco Polo

Freight Futures Coming to Container Shipping

Can container freight futures offer an antidote for supply chain blues? The Baltic Exchange, which pioneered indexation and transacting of drybulk freight

December 17, 2021
Total Views: 5108

Thursday, December 2, 2021

Transpacific Container Rates Fall to Lowest Since July

By Brendan Murray (Bloomberg) — Ocean freight rates on goods shipped to both major U.S. coasts from Asia fell to the lowest levels since July,

December 2, 2021
Total Views: 2002

Thursday, November 18, 2021
zim containership

ZIM CEO: US Trade ‘Firing On All Cylinders’

By Alex Longley (Bloomberg) — There’s little sign of near-term improvement in the global supply-chain crisis, according to Israeli container

November 18, 2021
Total Views: 1279

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California

Shipping Rate Surge Threatens Global Economic Recovery, UN Trade Body Says

By Jonathan Saul LONDON, Nov 18 (Reuters) – A surge in container shipping rates poses a threat to the global economic recovery, with small

November 18, 2021
Total Views: 823

Tuesday, November 16, 2021
crane loading container

Container Shipping Rates Could Take Two Years to Return to Normal

By Brendan Murray (Bloomberg) — Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to

November 16, 2021
Total Views: 3152

Friday, November 12, 2021
containers at port of los angeles

Transpacific Freight Rates Come Off the Boil as Carriers Ease Premium Fees

By Mike Wackett (The Loadstar) – Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season

November 12, 2021
Total Views: 928

Friday, October 29, 2021

Containership Charter Rates Fall for First Time in 16 Months

Containership charter rates fell for the first time in at least 16 months in what could be the first sign of container freight rates easing. This is according

October 29, 2021
Total Views: 3505