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The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief…
The Iran war has made oil tanker voyages so inefficient that vessel availability has crumbled and freight costs have soared to record-highs, all but erasing the incentive for shipping crude oil from the U.S.…
Drewry’s World Container Index rose on higher rates on trans-Pacific and Asia-Europe routes.
Demand by hyperscalers is driving the volume, particularly on the trans-Pacific, but general high-tech products and restocking ahead of November's online shopping promotions are also filling freighters.
Spot rates on the lane have dropped by up to $3,000 per FEU over the past two to three weeks, with carrier sources saying booking activity has markedly slowed through the month.
Container spot freight rates on all three of the largest east-west trades – Asia-Europe, transpacific, and transatlantic – were on the rise this week. After three months of post-peak season declines, the Asia-Europe tra…
Containership charter rates have climbed to their highest level in four years, despite falling fixtures, and a record orderbook pointing to a major influx of capacity in 2028. Braemar’s charter index is at 325.8,…
Maersk has revised the rates for its customs multi-stop service in Honduras with immediate effect. The carrier attributed the adjustment to higher fuel costs recently announced by the Honduran Institute of Land Transpor…
Rail executives who have watched how sharply truck pricing has risen this year are looking forward to the 2027 bid cycle just underway to hike intermodal contract rates for the first time in four…
The latest data from TAC Index, the price reporting agency on airfreight markets and the calculating agent for the Baltic Air Freight indices, show that rates have surged again of late. The global Baltic…
Intra-Asia rates are receding from their recent highs as bottlenecks in major Chinese and other Asian ports subside. On 15 October, Drewry’s Intra-Asia Container Index dipped 3%, to an average of $1,453 per 40ft.…
VLCC rates have been under pressure in the week gone by, shedding WS 100-150 points depending on the voyages in question. The “weaker” Source: Fearnleys A.S
Charter rates for multipurpose (MPP) vessels are running ahead of established benchmarks, as project cargo-capable units remain in high demand. In its latest monthly briefing, Hamburg-based shipbroker Toepfer Transport,…
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