Increase of c.72% year-on-year comparing 2018 vs 2023 Owners are shifting to dual fuel systems in order to achieve net-zero emissions and comply with current...

Industry Opinions

Spiralling ocean container shipping market set to peak

Container News Team - July 16, 2024 0

The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiralling spot rates. Data released by...

Industry Opinions

Record-breaking demand for ocean container shipping adds to perfect storm in market

Ioanna Kontos - July 10, 2024 0

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94 million TEUs...

Industry Opinions

Freightos Weekly Update: Rates keep climbing on early month increases

Ioanna Kontos - July 10, 2024 0

Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to...

Industry Opinions

More rate increases expected soon, though signs congestion is easing

Container News Team - July 3, 2024 0

Ex-Asia ocean rates were stable last week, but prices already at highs for the year are expected to climb further as we enter the...

Industry Opinions

Container Prices Double, Leasing Rates Triple in China

Container News Team - June 27, 2024 0

The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers...

Industry Opinions

Rates still climbing, but could early peak season start mean early end too?

Ioanna Kontos - June 19, 2024 0

Ocean rates out of Asia were stable last week but have already started climbing on mid-month Peak Season Surcharge increases this week as demand...

Industry Opinions

Navigating the Changing Tides of the Container Shipping Industry in East Asia

Container News Team - June 17, 2024 0

As East Asia's container shipping industry sails into uncharted waters, it faces a shifting tide of customer demand reshaping the very foundations of maritime...

Industry Opinions

Spot rate growth slows but ocean container shipping market will remain extremely challenging

Container News Team - June 17, 2024 0

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data...

Industry Opinions

The Maritime Trade Ripple Effect Disrupting Global Economies

Container News Team - June 17, 2024 0

The following article was written by Matan Peled, Co-founder & Head of US Business at Windward. Decades-long tensions between the West and several rogue players...

Industry Opinions

US importers caught in a vicious circle as labor union strike threat raises fears of soaring freight rates and massive disruption at US East...

Ioanna Kontos - June 13, 2024 0

Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious...

Industry Opinions

Freight that can cost lives

Ioanna Kontos - June 12, 2024 0

A group of industry bodies have banded together to produce guidance on some surprising, and some less surprising, hazardous cargoes that could save lives, the...

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Industry Opinions

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