freight rates


Wednesday, January 25, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3446

Friday, January 13, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Ocean Carriers Hoping for Post-CNY Demand Surge

By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container

January 13, 2023
Total Views: 904

Thursday, January 12, 2023
The One Bright Spot in Container Shipping’s Spot Rate Downturn
Shipping

The One Bright Spot in Container Shipping’s Spot Rate Downturn

By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European

January 12, 2023
Total Views: 1250

Monday, January 9, 2023
Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers
Shipping

Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers

By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top

January 9, 2023
Total Views: 921

Friday, January 6, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Peak Season Surge Could Be Make or Break for Ocean Carriers

By Mike Wackett (The Loadstar) – Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from

January 6, 2023
Total Views: 1865

Tuesday, December 27, 2022
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Carriers Face the ‘Quiet Before the Storm’ for Contract Rates

By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers  to secure their supply

December 27, 2022
Total Views: 2388

Thursday, December 22, 2022
Container Shipping’s Idled Fleet Set to Soar Next Year
Shipping

Container Shipping’s Idled Fleet Set to Soar Next Year

By Mike Wackett (The Loadstar) – Just 12 months ago, the 2009-built 4,253 teu Synergy Oakland was preparing to commence a two-month charter

December 22, 2022
Total Views: 8411

Friday, December 9, 2022
Transatlantic Spot Rates Tread Water as Chinese Export Rates Tumble
Shipping

Transatlantic Spot Rates Tread Water as Chinese Export Rates Tumble

By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from

December 9, 2022
Total Views: 860

Thursday, December 8, 2022
port of los angeles and long beach
Shipping

Fitch: Container Shipping Outlook Deteriorates as Freight Rates Fall

The container shipping industry is likely to see significantly weaker profits next year as freight rates continue to normalize, says Fitch Ratings. Container

December 8, 2022
Total Views: 3961

Friday, November 25, 2022
CMA CGM Sees Abrupt Return to Normal for Freight Rates
Shipping

CMA CGM Sees Abrupt Return to Normal for Freight Rates

French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in

November 25, 2022
Total Views: 5703

Friday, November 11, 2022
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Container Spot Rates Tick Up as Capacity is Removed from Market

By Gavin van Marle (The Loadstar) – Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand,

November 11, 2022
Total Views: 2332

Friday, October 21, 2022
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Export Markets ‘Destabilized’ as Carriers ‘Undersell’ Capacity

By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted

October 21, 2022
Total Views: 1934

Friday, October 7, 2022
container ship port
Shipping

Worst Yet to Come for Container Shipping’s ‘Dramatic’ Spot Rate Collapse

By Mike Wackett (The Loadstar) – Ocean carriers could be forced to mothball more eastbound transpacific US west coast loops, and the vessels that

October 7, 2022
Total Views: 9492

Tuesday, October 4, 2022
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says

As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where

October 4, 2022
Total Views: 2196

container ship at sea
Shipping

Charterers Regain Control as Containership Charter Rates Collapse

By Mike Wackett (The Loadstar) – The containership charter market bubble appears to have burst, according to MSI’s Horizon report for

October 4, 2022
Total Views: 3850

Friday, September 30, 2022
container ship
Shipping

Container Shipping Turning Point? Long-Term Rates Start to Slide

Long-term contract rates in container shipping fell for just second time this year in September in what is now the latest sign that the sector’s

September 30, 2022
Total Views: 3185

Thursday, September 29, 2022
Close in photo of Maersk ship loaded with containers
Shipping

Maersk Suspends Aisa-U.S. East Coast Loop

By Mike Wackett (The Loadstar) – Maersk has suspended an Asia-US east coast loop, confirming that transpacific ocean carriers are seeing a reduction in

September 29, 2022
Total Views: 5818

Soeren Skou, CEO Maersk
Shipping

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

September 29, 2022
Total Views: 1713

Thursday, September 15, 2022
an overhead view of port of los angeles docks
Shipping

Transpacific Rate Decline and Strong Dollar Could Bolster U.S. Imports

By Sam Whelan (The Loadstar) – Transpacific ocean rates might be experiencing a “post-Covid plummet”, but US import volumes remain high and lower

September 15, 2022
Total Views: 585

Wednesday, September 14, 2022
containership
Shipping

Transatlantic Overtakes Transpacific as Most Lucrative Trade for Shipping Lines

By Gavin van Marle (The Loadstar) – After the prolonged container spot rates decline the transatlantic trade has supplanted the transpacific trade as

September 14, 2022
Total Views: 1422