A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with industry experts warning of possible more market…
https://gcaptain.com/red-sea-ceasefire-deal-sparks-concerns-over-potential-freight-rate-collapse/
By Gavin van Marle (The Loadstar) – Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially schizophrenic effect on demand, spot freight rates this week…
https://gcaptain.com/tariff-turbulence-tests-container-markets-but-spot-rates-hold-firm/
Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though experts predict limited immediate impact on near-term liner freight rates….
https://gcaptain.com/shippers-caught-in-the-crossfire-of-trumps-liberation-day-tariff-blitz/
Focus on container shipping freight rates for imports to the US East and West from China this morning. Comments below.
Up by 9% ($322/FEU) and 16% ($383/FEU) respectively, Xeneta data shows.
In Xeneta’s Weekly ocean container shipping market update on 28 March https://www.xeneta.com/news/xeneta-weekly-ocean-container-shipping-market-update-28.03.25,
I commented on the situation like this:
“We live in a volatile market so, while the general direction of travel has...
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate declines.
https://gcaptain.com/asia-europe-container-spot-rates-find-a-floor-for-now/
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
https://gcaptain.com/shippings-price-war-spot-rates-slide-as-carriers-battle-for-cargo/
President Trump‘s potential revival of sweeping import tariffs is creating widespread uncertainty in US shipping markets, with industry experts warning of possible supply chain disruption and skyrocketing freight rates. “Trump…
A potentially devastating strike at U.S. East Coast and Gulf Coast ports has been averted following a tentative six-year agreement between port workers and maritime employers, bringing relief to an…
https://gcaptain.com/us-east-coast-shipping-rates-expected-to-cool-after-ila-usmx-deal/
Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain the special bullet rates have quickly disappeared the time being and the spot is heading up.
https://gcaptain.com/nuance-in-ocean-freight-rates-could-be-another-front-loading-tea-leaf/
A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and ongoing disruptions in the Red…