Freight Rates

The Baltic Dry Index advanced for a third session, reaching its highest point since May 15 at 3,124 points.

A High Court trial in London is set for October 26 to resolve the dispute between Mercuria and the Baltic Exchange over the TD3C VLCC…

BMO's latest earnings report reveals little financial progress in the transportation sector despite a stronger freight market.

Freightos reported a 3% revenue increase in Q1 2026, reaching US$7.2 million, with gross booking value up 24%

Trump-era waivers for foreign-flagged ships carrying fuel between US ports had little effect on gasoline prices

Latest time charter rates for tanker and dry bulk shipping sectors as of May 27th are detailed in this report

Container News offers a free magazine issue with analysis and insights on shipping, ports, and trade ahead of Posidonia 2026.

The Baltic Dry Index (BDI) saw a 39-point increase, reaching 3124 points, reflecting global dry bulk shipping rates

Container shipping sees near full fleet employment, yet carriers are still seeking favorable charter deals for available tonnage

Asia-Europe and Transpacific container trades showed mixed performance in early 2026, with diverging demand and rate volatility

Maersk is introducing a new 'lean service' to leverage the strong China-Australia trade lane, supported by high surcharges.

The FMC and Maersk reached a US$1.9 million settlement over alleged detention charge violations of the US Shipping Act

Freightos's Q1 2026 earnings call revealed minimal financial impact from the Middle East crisis

A potential closure of the Strait of Hormuz could trigger a major energy supply shock, with oil prices possibly reaching $200.

Iron ore futures saw a slight dip, with port spot prices holding steady and steel mills showing limited buying interest

Asian stock markets saw mixed results, with Japan and South Korea hitting records, while Iran geopolitical concerns persisted.

Agricultural shipping routes are facing record-long voyage durations due to climate and geopolitical disruptions.

CMA CGM is introducing a Port Congestion Surcharge for cargo bound for Abidjan due to ongoing port congestion

MISC Group's Q1 2026 revenue increased by 2.7% to RM2,891.4 million, driven by stronger freight rates.

The FMC collected a civil penalty from Maersk, which must also refund third parties and limit future detention billing

El Niño's return in 2026 is forecast to affect Asian power demand, potentially altering freight market dynamics.

Retailers are reallocating freight transportation responsibilities, leading to a reversal of customer pick-up arrangements and higher…

China's expanded regulatory scrutiny on ocean freight rate data filings is set to raise compliance costs for carriers and forwarders

The dry bulk shipping market remains calm yet strong, holding at seasonal highs not observed in 15 years.

Ocean carriers incurred an additional $5.5 billion in bunker costs due to the Middle East conflict and Red Sea diversions.

CMA CGM reported resilient Q1 2026 results despite the Middle East crisis and volatile freight markets

Euroseas has secured new time charters for its 1,800 TEU feeder containerships, Stephania K and Pepi Star, for up to 26 months

The Baltic Dry Index climbed 94 points to 3085, signaling increased costs for bulk commodity shipping.

CMA CGM reported a significant decrease in Q1 revenue and profit, impacted by lower freight rates and reduced market share

Russia's grain exports to Africa hit record highs in 2025, establishing the nation as a dominant food supplier