Freight Rates

Global grain shipments have seen a 13% year-on-year increase, but future demand from Asia may weaken

A rapid return to Suez Canal transits risks overwhelming European ports with overlapping vessel arrivals, according to Sogese

Four leading container manufacturers and executives face US DoJ charges over alleged price-fixing and capacity control.

Low water levels on the Rhine and concurrent rail disruptions are severely impacting European bulk cargo transport.

Asia-Pacific shippers foresee a surge in air and ocean cargo demand for the latter half of the year, alongside persistent supply chain…

The Strait of Hormuz closure in early 2026 triggered a strong recovery in shipping asset values and new vessel orders.

The Baltic Dry Index rose for the fourth straight day, reaching a new high since early June due to gains across all segments

China's exports grew 27.0% in June, exceeding forecasts and marking the fastest trade growth since 2021

Nigeria struggles to boost crude output despite rising global oil prices, due to ongoing operational and security challenges.

Japan's industrial output in May 2026 was revised sharply lower, indicating persistent supply chain and energy cost risks

Taiwanese ocean carriers Evergreen, Yang Ming, and Wan Hai saw substantial Q2 revenue recovery due to higher rates and volumes.

GAC's weekly update details Middle East logistics, emphasizing inland, sea, and air freight solutions in a changing environment

LTL carriers are seeing stronger demand, rising shipment weights, and higher rates due to tightening truckload capacity

Hapag-Lloyd's CEO opposes a proposed 20% security fee on cargo transiting the Strait of Hormuz, calling it fundamentally wrong.

Container spot freight rates are declining sooner than expected, influenced by increased vessel availability from the Strait of Hormuz.

Performance Shipping has extended the charter of its aframax tanker, Blue Moon, with AET for two years at an average of $40,500 per day

Hapag-Lloyd rejects a US Hormuz transit fee as Middle East disruptions incur up to $60 million in weekly costs for carriers

Global air freight rates declined for a third straight week, though prices remain elevated year-on-year due to Gulf conflict.

COSCO Shipping Energy Transportation projects a 141% net profit increase for H1, driven by surging crude carrier freight rates.

The Baltic Dry Index (BDI) advanced for the third straight day, reaching its highest point since early June.

Japan's shift to increased coal imports for power generation is set to boost dry bulk shipping demand and freight rates

The Ningbo Containerized Freight Index (NCFI) reached 2401.9 points for the week ending July 10

Global iron ore shipments declined 14% week-on-week, while China's steel exports increased by 8% month-on-month.

Chinese Premier Li Qiang advocates for stronger counter-cyclical economic policies to tackle slowing growth.

Trans-Pacific ocean freight rates have recently stabilized, potentially offering relief to shippers after significant increases.

OOCL's Q2 revenue saw a significant increase, driven by higher shipping volumes on major Asia export trades

Ocean carriers are increasing penalties for cancelling orders and not delivering containers for services connecting India to Europe and…

The US plans to reinstate an Iranian shipping blockade and impose a 20% transit fee on cargo through the Strait of Hormuz

Dutch goods exports grew by 5.5% in May 2026, building on a 4.6% increase in April.

Petrobras emerged as a major beneficiary in the crude tanker market during H1 2026 due to shifting Atlantic Basin demand