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Tags Freight rates

Tag: Freight rates

Who fuels the price war?

Danish maritime data analysis firm Sea-Intelligence said that freight rates are primarily determined by changes in vessel utilisation, which in turn means that when...

Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...

Yang Ming chairman: Market correction is “temporary”

Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market...

CN freight rate analysis for Indian trades reflects easing trends

With the exception of intra-Asia trades, average container freight rates for all key trades out of India have either softened or seen no changes...

Freight rate analysis for Indian shippers reflects easing signs on some trades

An analysis of container freight rates on trades out of India in recent weeks suggests a market correction on the horizon, at least on...

Decline in China/US spot freight rates continues

Transpacific container spot rates between China and the US West Coast and US East Coast have been on a steady decline since peaking in...

Xeneta reports 100% increase in long-term container freight prices

Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year, according to a report from the ocean and...

Improvement in box rates, transit times and gate-out times in US ports, says Shifl’s report

Container spot rates between Chinese base ports and the US West and East Coast are seeing a steady decline since they peaked in January...

Sea-Intelligence sees no correlation between reliability and freight rates

The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has conducted a survey to see...
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NYK buys segments of ENEOS Ocean’s shipping business

NYK will acquire 80% of the shares of a new company to be established by ENEOS Ocean Corporation, a consolidated subsidiary of ENEOS Holdings,...

NWSA reports higher container volumes in 2024

The Northwest Seaport Alliance (NWSA), a partnership between the ports of Seattle and Tacoma, handled 321,432 TEUs in June, representing a significant growth of...

Port of Rotterdam nears 7 million TEUs in first half

In the first half of the year, Port of Rotterdam's container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2%...

Port of Los Angeles achieves another monthly container gain

Port of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to...