Drewry

Why ocean container spot rates are spiking now

Ocean container spot rates have surged in recent weeks, marking a dramatic shift from the volatile pricing environment that characterized much of 2024. After a year of fluctuating rates and uncertainty, shippers are now grappling with rapidly rising costs, particularly on the crucial eastbound trans-Pacific trade lane.

The Drewry World Container Index posted on Thursday showed a 3% week-over-week increase to $3,905 per forty-foot equivalent unit, driven primarily by rate hikes on trans-Pacific...

https://www.freightwaves.com/news/why-ocean-container-spot-rates-are-spiking-now

Intra-Asia rates peak ahead of Christmas

Intra-Asia freight rates have reached new year-to-date highs, powered by double-digit growth in China-Southeast Asia trade.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!

Remember Me
Don't have an account? Register

jQuery(document).ready(function(){ jQuery(‘#dd_51fdb78c66456ac43c05911ad30d709f’).on(‘change’, function() { jQuery(‘#amount_51fdb78c66456ac43c05911ad30d709f’).val(this.value); }); }); If you liked this...

https://container-news.com/intra-asia-rates-peak-ahead-of-christmas/

Vessel deliveries set to outpace growth in new year

Deliveries of new ships will double the excess capacity after Red Sea diversions have absorbed the vast swathe of new tonnage delivered this year, following the Houthi’s attacks on shipping passing close to its coasts.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!

Remember Me
Don't have an account? Register

jQuery(document).ready(function(){ jQuery(‘#dd_5a077289514d715f3a912a0b6d4ed8d7’).on(‘change’, function() {...

https://container-news.com/vessel-deliveries-set-to-outpace-growth-in-new-year/

+ More