Freight Rates

Asia-Europe shippers on long-term contracts face allocation threats as carriers prioritize strong spot market demand, demanding high…

Wan Hai Lines anticipates US tariffs will support ocean freight demand, keeping rates high into October

Hapag-Lloyd is introducing a General Rate Increase for shipments from the Indian Subcontinent and Pakistan to North America.

One in three containers shipped globally is now empty, up from one in four pre-pandemic, due to trade imbalances.

Folk Maritime expects 30% growth in container shipping, focusing on regional routes despite Middle East instability

Conflicting clauses in shipping contracts are a primary cause of demurrage and detention disputes, leading to financial burdens

May 2026 maritime review covers container price-fixing allegations and ongoing Strait of Hormuz tensions.

Korean shipyards are expanding their high-value vessel orders to include VLGCs and VLACs due to rising LPG demand.

Global shipping's resilience is increasingly fragile, requiring international cooperation to tackle mounting risks, officials warned.

Geopolitical events are causing significant volatility in grain and fertilizer markets, impacting trade routes and supply chains.

China's manufacturing activity weakened in May due to holiday disruptions and rising input costs, with the PMI falling to 50.0

The Drewry WCI increased 3% to US$2,800 per 40ft container, driven by early peak season demand and carrier strategies

Two open-hatch bulk carriers are being converted into container ships to capitalize on high charter rates and strong demand

Ocean freight rates are climbing, influenced by higher costs and ongoing transit delays, ahead of the upcoming peak season.

Geopolitical events are driving higher bunker costs and freight rates, necessitating smarter voyage decisions for efficiency.

DCE iron ore futures experienced a slight dip, with port spot prices also declining amidst cautious steel mill inquiries.

Container ship time charter rates remained remarkably consistent in Week 22, even with Middle East geopolitical tensions.

Soybean futures are approaching a two-year high, fueled by tighter US supply projections and robust global demand.

The Baltic Dry Index (BDI) increased to 3,224 points this week, reflecting a rise in dry bulk shipping rates.

South Korea's container trade with major Asian economies fell 5% in April, marking the third consecutive monthly decline.

Containerized imports to the Middle East dropped 64% in March, with exports falling 62% year-on-year.

A Xeneta report investigates how costs are distributed among supply chain stakeholders during disruptions, emphasizing the value of trust

The simultaneous blockage of the Red Sea and Strait of Hormuz marks an unprecedented disruption for global shipping and logistics

Medkon Lines is set to launch a new Far East-Mediterranean container service next month, connecting China with the Mediterranean.

The U.S. merchandise trade deficit narrowed to $82.4 billion, a 3.4% reduction from the previous month, due to increased exports

Forwarders warn that recent spot rate recovery on transpacific and Asia-Europe routes could lead to sharper price increases.

Global disruptions are set to drive container freight rates higher in the coming weeks, benefiting ocean carriers.

Hapag-Lloyd is applying a Peak Season Surcharge on cargo from the Far East to Latin America and the Caribbean, effective June 15, 2026.

Yang Ming's Q1 profits fell, but its fleet renewal plan continues, with high freight rates expected for Q2 and Q3

Dalian Commodity Exchange iron ore futures rose 0.45% while port spot prices saw a slight increase of 3-5 RMB/ton.