Thursday, November 30, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS

Container Shipping Market Faces ‘Brutal’ 2024, Xeneta Says

The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta

November 30, 2023
Total Views: 1459

Friday, October 13, 2023
Stock photo of a ONE containership at berth

ONE Named Most Carbon-Efficient Carrier by Xeneta

By Charlie Bartlett (The Loadstar) – Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and

October 13, 2023
Total Views: 1309

Friday, September 15, 2023
Containership docking Port of Long Beach

Carriers Pull Capacity to Boost Floundering Spot Rates

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

September 15, 2023
Total Views: 1663

Tuesday, August 1, 2023

No Respite for Ocean Carriers as Long-Term Freight Rates Fall to Two-Year Low, Xeneta Says

Global long-term freight rates have fallen to a two-year low, with little respite on the horizon for carriers as new capacity hits the water, according to

August 1, 2023
Total Views: 1447

Wednesday, May 31, 2023
File photo of a containership in port

Container Shipping Industry Faces Unprecedented Slump in Long-Term Rates

The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of

May 31, 2023
Total Views: 8941

Friday, March 17, 2023
Aerial top view of a containership at port

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: 4965

Friday, October 21, 2022
Aerial top view of a containership at port

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: 1893

Friday, September 30, 2022
container ship

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: 3125

Wednesday, August 31, 2022
shipping containers

Xeneta: Higher Long-Term Container Rates Will Help Carriers to Huge Profits in 2022

The container market may be softening, but long-term freight rates are still through the roof. A new report released Wednesday by ocean freight benchmarking

August 31, 2022
Total Views: 1103

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

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: 1270


Maritime and offshore news trusted by our 96,777 members delivered daily straight to your inbox.