freight rates


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: 4678

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: 1799

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: 1135

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: 2581

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: 1484

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: 938

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: 3483

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: 2229

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: 1308

Monday, February 5, 2024
A CMA CGM containership underway in the Suez Canal
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: 1731

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: 2984

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: 2464

Monday, January 22, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

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

January 22, 2024
Total Views: 2551

Wednesday, January 10, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

Surge in Freight Reverberates Through the Global Oil Market

(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

January 10, 2024
Total Views: 1826

Friday, December 8, 2023
hapag-lloyd
Shipping

Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions

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

December 8, 2023
Total Views: 2566

Friday, December 1, 2023
Aerial view of a container ship
Shipping

Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

December 1, 2023
Total Views: 1074

Thursday, November 30, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Container Shipping Market Faces ‘Brutal’ 2024, Xeneta Says

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

November 30, 2023
Total Views: 1990

Friday, November 17, 2023
Stock photo shows a MSC shipping container being lifted onto a ship
Shipping

Carriers Struggle to Uphold Rate Increases as Spot Rally Fades

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

November 17, 2023
Total Views: 985

Friday, November 10, 2023
Palau-flagged bulk carrier Aroyat is pictured at sea, in this picture obtained from social media and released on September 22, 2023. Oleksandr Kubrakov via X/via REUTERS
Shipping

Ukraine Export Corridor Freight Costs Reverse Brief Rise

KYIV, Nov 10 (Reuters) – Freight costs for ships in Ukraine‘s alternative export corridor have eased back to their former levels, a

November 10, 2023
Total Views: 1102

Thursday, November 2, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates

By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed

November 2, 2023
Total Views: 1105