Container Rates

Container Shortage Makes Carrier Prices Only Valid for a Week

  • Vessel Shortages expected through Lunar New Year
  • Freight rates doubled in major Asian routes. 
  • Asian polymers hit by delays, price rises
  • Maersk’s Taiwan-India rate tops $4,000/FEU
  • The extremely volatile market is making prices valid only for a week. 
  • The container Shortage is likely to spill over the first quarter of 2021.

According to a Platts report, vessel capacity shortages and trade disruptions in Asia’s container shipping markets are impacting the region’s polymer trade flows and prices,...

https://mfame.guru/container-shortage-makes-carrier-prices-only-valid-for-a-week/

How The US Presidential Election Results Will Affect Shipping

The outcome of the U.S. election will steer stimulus spending, energy policy, trade relations, geopolitics and environmental regulation — and consequently, ocean freight rates — for years to come, writes the Freight Waves Senior Editor, Greg Miller. 

Weighing the Pros and Cons

With just three weeks to go, financial analysts are weighing in on potential fallout.

On one end of the spectrum lies a relative status quo. On the other, a “blue sweep,” in which Joe Biden defeats Donald Trump for the...

https://mfame.guru/how-the-us-presidential-election-results-will-affect-shipping/

Government Extends Tax Waiver on Export Freight

  • The Indian government has extended the waiver of the 5% Goods and Services Tax GST on export freight until September 2021.
  • The waiver will be applicable to both air and ocean export freight.
  • The tax relaxation is more crucial in the current scenario as exporters are already facing a double whammy of weak demand and high container rates.

The government of India has extended the waiver of the 5% Goods and Services Tax GST on export freight until September 2021, reports Platts.

GST waiver on...

https://mfame.guru/government-extends-tax-waiver-on-export-freight/

How To Invest When Container Rates on Fire?

container freight chart

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU), writes Freight Waves Senior Editor, Greg Miller, in an article published on the website.

The Unsung Hero of Trade

Container shipping, declares a glowing new report by Fearnleys Securities, is “The Unsung Hero.”

How can investors expose themselves to this historic trans-Pacific rate spike? Can box stocks woo tanker...

https://mfame.guru/how-to-invest-when-container-rates-on-fire/

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