Xeneta Archives - Page 16 of 16 - Maritime Shipping News

European carriers still suffering, but transpac lines receive a ‘tariff’ boost

30 August 2019

This week’s Shanghai Containerized Freight Index (SCFI) recorded further declines for Europe, but transpacific tradelanes rebounded as shippers struggled to digest the latest barrage of US/China trade tariffs.
The North Europe component of the SCFI fell another 4.5%, to $757 per teu, which is 19% below the level of the same week of last year.
And the more robust Mediterranean tradelane also suffered a spot market dip, of 7.6%, to $895 per …

The post European carriers still suffering, but...

https://theloadstar.com/european-carriers-still-suffering-but-transpac-lines-receive-a-tariff-boost/

Smooth sailing for rates on the transpacific, but rougher seas for Asia-Europe

28 June 2019

As expected, container spot rates have soared between Asia and the US this week, buoyed by GRIs and radical capacity cuts by carriers.
The Shanghai Containerized Freight Index (SCFI) recorded a massive 24.5% leap in spot rates for the US west coast, to $1,720 per 40ft.
For US east coast ports, rates jumped 16%, to $2,789 per 40 ft.
According to Alphaliner, the Ocean Alliance will have removed over 29,000 teu of capacity …

The post Smooth sailing for rates on the transpacific, but rougher seas...

https://theloadstar.com/smooth-sailing-for-rates-on-the-transpacific-but-rougher-seas-for-asia-europe/

Xeneta reveals jump in contracted freight rates for container ship segment

3 June 2019

Oslo-based Xeneta, the leading ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during the month of May, as 2018 rates expire and new contracts push the index upwards. According to the latest XSI® Public Indices report – based on crowd-sourced data covering over 160,000 port-to-port pairings, with 110 million data points – global rates leapt by 11.5% across the month, with US rates for imports climbing...

https://container-news.com/xeneta-jump-freight-rates-container-ship-segment/

‘Trump card’ played in US-China trade war could mean a winning hand for carriers

31 May 2019

Against the backdrop of an escalating US-China trade war, transpacific ocean carriers have had some success this week in lifting spot rates between Asia and the US west coast.
There was also a spike in long-term contract rates recorded this month that will be welcome news for the loss-making container lines.
The Shanghai Containerized Freight Index (SCFI) recorded a 13.7% jump today for US west coast spots, to $1,471 per 40ft, in reaction to blank sailing announcements from carriers …

The post

https://theloadstar.com/trump-card-played-in-us-china-trade-war-could-mean-a-winning-hand-for-carriers/

Container industry recovers on February, remains stable through March

29 March 2019

International container rates finish in March with small but important increase in European import and export activity, along with increased Far East imports and a continuous development in US exports. Xeneta’s latest XSI® Public Indices report builds on the positive rates development recorded which effectively halted a decline underway since August 2018.

Specifically, Xeneta, the leading ocean freight rate benchmarking and market analytics platform, publishes a monthly report based on...

https://safety4sea.com/container-industry-recovers-on-february-remains-stable-through-march/

A festive rate respite, but carriers may be in for ‘a bumpy ride’ in 2019

21 December 2018

The penultimate reading from the Shanghai Containerized Freight Index (SCFI) for 2018 saw continued erosion of spot rates on the transpacific, countered by gains on the Asia-Europe trades.
With US retailers now reported to be overstocked after the advance booking rush to beat the postponed 1 January tariff hike on Chinese imports, demand is proving weaker than the seasonal norm, forcing carriers into heavy discounting.
For the US west coast, spot rates …

The post A festive rate respite, but...

https://theloadstar.co.uk/a-festive-rate-respite-but-carriers-may-be-in-for-a-bumpy-ride-in-2019/

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