By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by surprise, and tightening space has increased the chances…
https://gcaptain.com/shipper-frustrated-as-spot-rates-rise-alongside-demand/
By Gavin van Marle (The Loadstar) – While container spot rates on the Asia-Europe and Asia-North America trades continued to remain elevated, year on year, due to the Red Sea crisis,…
By Gavin van Marle (The Loadstar) – Container spot freight rates on the main deepsea east-west trades continued their gentle descent over the course of this week, despite the ongoing vessel…
https://gcaptain.com/carriers-unveil-new-fak-hikes-in-bid-to-halt-asia-europe-rates-slide/
By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers, forwarders and NVOCCs that came away from the S&P Global…
https://gcaptain.com/tpm24-spot-rate-spike-hits-transpacific-contract-negotiations/
By Mike Wackett in Long Beach (The Loadstar) – Some 4,000 container shipping industry attendees are assembling at the Long Beach Convention Center in California for the biggest ever S&P Global…
https://gcaptain.com/tpm24-liner-heavyweights-face-tough-transpacific-contract-talks/
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 Covid-19 pandemic, reports Xeneta, an…
https://gcaptain.com/red-sea-crisis-surge-in-ocean-freight-rates-outpaces-covid-19/
(Bloomberg) — Short-term rates for container shipping between Asia, Europe and the US are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea. The…
https://gcaptain.com/container-spot-rates-soar-on-red-sea-threats/
By Mike Wackett (The Loadstar) – After recording gains across the board last week, the container spot market indices are back to flashing red for the main east-west tradelanes. It is…
https://gcaptain.com/carriers-struggle-to-uphold-rate-increases-as-spot-rally-fades/
By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier general rate…
https://gcaptain.com/ocean-carriers-hopes-for-rate-hike-dampened/
‘Freefalling’ Asia-North Europe rates shed half their value in three weeks, highlights a Loadstar news source.
China to North EuropeContainer spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost almost half of their value since the start of the month.
Today’s reading of the Freightos Baltic Exchange (FBX) Asia-North Europe component saw its spot rate fall to $997 per 40ft, which compares with the...
https://mfame.guru/freefalling-asia-north-europe-rates-fell-50-in-three-weeks/