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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

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

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