freight rates


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: 8427

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: 876

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: 3985

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: 5740

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: 2345

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: 1957

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: 9509

Tuesday, October 4, 2022
Maersk ship entering the Port of Rotterdam
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: 2215

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: 3877

Friday, September 30, 2022
container ship underway at sea
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: 3206

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: 5832

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: 1730

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: 603

Wednesday, September 14, 2022
containership underway
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: 1442

Wednesday, September 7, 2022
HMM Containership leaving port
Shipping

Two-Tier Market Emerges as Container Spot and Contract Rates Diverge

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

September 7, 2022
Total Views: 4327

Friday, September 2, 2022
Aerial view of a container ship
Shipping

Container Spot Rates Continue to Fall as Capacity Crunch Eases

By Mike Wackett (The Loadstar) – The capacity shortage that underpinned skyrocketing ocean freight rates for the past two years has ended and rates will

September 2, 2022
Total Views: 1896

Sunday, August 28, 2022
A containership berthed at the Port of New York and New Jersey
Shipping

Shipping Giant CMA CGM Sees Softening Of Global Freight Rates

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

August 28, 2022
Total Views: 4589

Friday, August 19, 2022
oocl containership
Shipping

Ocean Carriers Remain Buoyant Despite Spot Rates Collapse and Falling Demand

By Mike Wackett (The Loadstar) – Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week,

August 19, 2022
Total Views: 1138

Friday, July 29, 2022
Dock Strikes and Shippers Seeking Rate Renegotiations Add Pressure on Carriers
Shipping

Dock Strikes and Shippers Seeking Rate Renegotiations Add Pressure on Carriers

By Mike Wackett (The Loadstar) – The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of

July 29, 2022
Total Views: 868

Thursday, July 28, 2022
Aerial top view of a ship at sea
Shipping

Xeneta Says Long-Term Container Rates May Have Peaked

Oslo-based freight benchmarking and market intelligence platform Xeneta believes long-term container shipping rates may have finally peaked, although they are

July 28, 2022
Total Views: 1323