container shipping rates

U.S Container Imports Rise To Pre Pandemic Levels

Credits: Nathan Cima/ Unsplash

Container shipping spot rates in the trans-Pacific trade started to rise in late June and remain near their highs for 2023. The question is: How much of this rate gain is driven by peak season demand, and how much by shipping lines intentionally constraining capacity?

Demand Driven

U.S. import numbers confirm that at least some of this rate gain is demand-driven. On Monday, Descartes reported that U.S. ports imported 2,196,268 twenty-foot equivalent units in August,...

https://mfame.guru/u-s-container-imports-rise-to-pre-pandemic-levels/

Container Shipping Rates Range From Stable To Declining

Credit: frank mckenna/Unsplash

Container shipping rates stable to falling, states a Recycling Today news source.

Long-term container shipping rates are declining globally

A Norway-based shipping and freight analysis company says long-term container shipping rates are declining globally, though the level of decline has leveled out in March compared with several prior months.

In a recent presentation, Norway-based Xeneta says its global container shipping pricing index (XSI) continued its downward...

https://mfame.guru/container-shipping-rates-range-from-stable-to-declining/

Hike in Container Shipping Rates As Consumer Demand Increases

  • Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S.
  • After peaking in late 2020 and not budging much through the first quarter, the rate for a 40-foot container to Los Angeles from Shanghai hit $4,403 last week.
  • It is the highest in Drewry World Container Index data going back to 2011.
  • Cargo shippers on less-traveled transatlantic routes are feeling the sting, too: Rotterdam to New York surged to...

https://mfame.guru/hike-in-container-shipping-rates-as-consumer-demand-increases/

Should Partaking In Shipping Be Reconsidered For Some?

One of the advantages of working for a small company is that one gets to do everything from make the tea to take the decisions that matter, or at least be involved in them, and everything in between, reports Splash247.

Spikes in container shipping

In the build-up to the existential crisis that struck shipping in 2016 the writer was a medium-sized commercial cog in a very large machine, and frankly didn’t see it coming. Equally the early rounds of IMO 2020 passed him and many chartering managers...

https://mfame.guru/should-partaking-in-shipping-be-reconsidered-for-some/

Global Container Shortage Has Led To A Surge In Container Shipping Rates

With long-term rates on the rise, bonds, technology/growth stocks, and even precious metals have been under pressure. Last week saw a relatively significant increase in volatility across the financial markets, causing many investors to wonder if it is time to take profits. Indeed, with most stocks trading at a record valuation and COVID lockdowns lasting longer than most expected, the equity market’s outlook is precarious, says an article published on Seeking Alpha.

Container shipping rates

In...

https://mfame.guru/global-container-shortage-has-led-to-a-surge-in-container-shipping-rates/

Fitch’s Increased Container Shipping Rates With Unsustainability

Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings, says an article published in Economic Times.

Freight rates

Spot freight rates will remain high in the short term which will flow through to contracted rates for 2021. However, Fitch said the current rates are unsustainable in the medium term as the sector is susceptible to rate volatility and risks of weak economic recovery and trade protectionism, requiring constant...

https://mfame.guru/fitchs-increased-container-shipping-rates-with-unsustainability/