Maersk CEO: Holiday Shipping Won’t Save Carriers’ Christmas
By Jacob Gronholt-Pedersen and Terje Solsvik COPENHAGEN, Sept 29 (Reuters) – A.P. Moller-Maersk’s chief executive said on Thursday he expects a
By Jacob Gronholt-Pedersen and Terje Solsvik COPENHAGEN, Sept 29 (Reuters) – A.P. Moller-Maersk’s chief executive said on Thursday he expects a
By Sam Whelan (The Loadstar) – Transpacific ocean rates might be experiencing a “post-Covid plummet”, but US import volumes remain high and lower
By Gavin van Marle (The Loadstar) – After the prolonged container spot rates decline the transatlantic trade has supplanted the transpacific trade as
By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers
By Mike Wackett (The Loadstar) – The capacity shortage that underpinned skyrocketing ocean freight rates for the past two years has ended and rates will
By Samy Adghirni and Tara Patel (Bloomberg) –French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a
By Mike Wackett (The Loadstar) – Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week,
By Mike Wackett (The Loadstar) – The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of industrial
Oslo-based freight benchmarking and market intelligence platform Xeneta believes long-term container shipping rates may have finally peaked, although they are
by John Konrad (gCaptain) Long-term rates for shipping containers to New Zealand and Australia have soared in the past few years, and are now at record highs.
By Mike Wackett (The Loadstar) Container spot rates from Asia to Europe and the US are coming under increased pressure, as the peak season appears “muted”
By Gavin van Marle (The Loadstar) – Spot container freight rates on the main east-west deepsea headhaul trades continued to edge downwards this week,
By Joe Brock SINGAPORE, June 21 (Reuters) – Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that
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
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
By Mike Wackett (The Loadstar) – Container spot rates continued their decline this week across most Chinese export routes, prompting ocean
By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping
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
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into
German ocean carrier Hapag-Lloyd “extraordinarily strong” operating results in 2021 thanks to higher freight rates, although volumes remained
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