Xeneta Sees Ocean Container Spot Rates Peaking
The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to
The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released
Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta.
By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate
U.S. President Joe Biden has announced new tariffs on Chinese imports, a move that could further disrupt global supply chains and increase costs. These
Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow
A staggering 60% year-on-year increase in container shipping imports from China into Mexico in January 2024 is triggering suspicions of Mexico turning into a
Long-term container freight rates are soaring as many U.S. shippers begin negotiations over new long term contracts at the Journal of Commerce’s TPM24
Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the
Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate
In the wake of missile attacks on merchant ships in the Red Sea, global consumers are set to face the repercussions as supply chains descend into chaos.
Industry analysts warn that the recent missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could have
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
By Charlie Bartlett (The Loadstar) – Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and
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
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
The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of
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 endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted
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
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