Freight Rates

Maersk adds a $1,000 per container surcharge for all cargo transiting the Strait of Hormuz, effective July 23, 2026

Cathay Cargo saw a substantial rise in airfreight volumes last month, largely due to demand from mainland China to Southeast Asia.

DCE iron ore futures rose slightly, while spot prices at Qingdao Port increased marginally despite poor trading activity.

Copper futures are nearing a seven-week peak due to tightening supply and falling inventories in key global warehouses

El Niño is creating new risks for global agricultural markets, adding to ongoing disruptions in the Strait of Hormuz.

Rotterdam's port handled 212 million tonnes of cargo, with increased oil imports balancing reduced container traffic amidst global crises

The latest weekly update details time charter rates for the tanker and dry bulk shipping markets.

Knight-Swift Transportation foresees accelerated truckload market improvements from September, continuing through peak season.

Knight-Swift Transportation noted considerable acceleration in truckload fundamentals during the second quarter.

The Baltic Dry Index rose 1.7% to 2,715, its first gain since July 14, largely due to capesize segment strength.

HMM expects an 80% jump in Q2 operating profit due to higher container freight rates offsetting increased fuel costs

Corn futures are expected to open higher due to rising crude oil prices and specific weather forecasts

US East Coast importers face peak season capacity shortages and elevated spot rates due to Panama Canal restrictions

The Baltic Exchange joined industry experts at the INTERCEM Shipping Forum to discuss the future of dry bulk shipping.

China's semi-finished steel exports reached a record in June, but analysts predict a short-lived rally due to weakening global demand

Wheat futures hit a two-year high of $6.80 per bushel due to Black Sea tensions and worsening crop prospects

Copper prices advanced as China's supply tightened due to a crackdown on VAT fraud, impacting scrap availability.

CMA CGM is implementing an emergency fuel surcharge from August 1st due to rising bunker costs linked to Strait of Hormuz tensions

Shanghai International Port Group (SIPG) saw a 6.2% increase in container volume during the first half of the year.

Ocean carriers are imposing new surcharges as the Panama Canal Authority restricts neo-Panamax vessel drafts.

Global crude oil loadings saw a rebound in 2025 after a marginal decline the previous year.

Asian metallurgical coal market is expected to pivot towards India for demand in Q3 as China's influence wanes

Capesize spot rates have fallen sharply as market inquiry for dry bulk shipping services experiences a notable slowdown

New ultra-large container vessel deliveries are expected to cause unavoidable overcapacity in deepsea shipping networks.

Indian ports are projected to see 7-9% CAGR in container traffic through FY28, driven by economic factors and containerization

Geopolitical events and trade measures are escalating transport, energy, and procurement costs for Dutch businesses.

Ongoing Middle East tensions are expected to boost coal cargo demand in dry bulk shipping due to LNG flow disruptions

The Baltic Dry Index has hit a two-week low, influenced by declining capesize and panamax rates.

China's increasing light vehicle exports are reshaping the global car carrier market, driving demand for specialized vessels.

A renewed closure of the Strait of Hormuz could send Brent crude to $150 a barrel, reviving inflation and forcing central banks to raise…