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
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
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
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
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,
By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,
By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,
HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief
By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry
By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp
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
By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European
By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top
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
By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply
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
By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from
The container shipping industry is likely to see significantly weaker profits next year as freight rates continue to normalize, says Fitch Ratings. Container
French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in
By Gavin van Marle (The Loadstar) – Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand,
By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted
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