Blanked Sailings Buoy Spot Rates Amid Broad Market Slide
Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread
Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread
By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have
By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according
By Gavin van Marle (The Loadstar) – The spectre of blank sailings may be about to return to haunt shippers and forwarders on the Asia-Europe trades, as
By Mike Wackett (The Loadstar) – Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of
By Mike Wackett (The Loadstar) – As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to
By Gavin van Marle (The Loadstar) – Surveyors contracted to inspect the damaged cargo and containers on the ONE Apus say discharging
By Mike Wackett (The Loadstar) – Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.
By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching
By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%
By Alex Lennane (The Loadstar) – The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances,
By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with
by Mike Wackett (TheLoadstar) Container shipments from Asia to the UK continue to be subject to “unprecedented” delays and significant additional costs.
By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered
By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean
By Gavin van Marle (TheLoadstar) As CMA CGM’s IT engineers continue, for the fifth day, to try to restore its systems following a cyber-attack at the
By Gavin van Marle (The Loadstar) – The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners
By Gavin van Marle (The Loadstar) – US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container
By Mike Wackett (The Loadstar) Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike
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