freight rates


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: 2481

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: 5029

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: 3443

Tuesday, February 28, 2023
Aerial photo of MSC ships at 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: 7086

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: 9018

Friday, February 17, 2023
containership underway
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: 2205

Wednesday, February 1, 2023
AFIF Hapag-Lloyd
Shipping

‘The Party is Over’ for Container Shipping, Says Hapag-Lloyd CEO

HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief

February 1, 2023
Total Views: 49597

Thursday, January 26, 2023
shipping container
Shipping

Freightos to Go Public in a Rare Pandemic-Era Move for Shipping

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry

January 26, 2023
Total Views: 723

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: 3463

Friday, January 13, 2023
Maersk ship entering the Port of Rotterdam
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: 908

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: 1253

Monday, January 9, 2023
The congested Port of Los Angeles is shown in San Pedro, California
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: 942

Friday, January 6, 2023
Maersk ship entering the Port of Rotterdam
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: 1878

Tuesday, December 27, 2022
Maersk ship entering the Port of Rotterdam
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: 2403

Thursday, December 22, 2022
A containership at anchor
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: 8420

Friday, December 9, 2022
Containers are seen stacked at the Yangshan Deep-Water Port
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: 871

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: 3978

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: 5727

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: 2340

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: 1941