Posts tagged “Container Prices”

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Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

Posted on 20th March 2023 at 17:12

Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

There may be signs that rate erosion is easing as reductions look to have slowed significantly. On the key transpacific and Asia to Europe trade lanes, the indices are clearly showing that the rate erosion from the stellar highs of a year ago is beginning to ease.

Click on the below link to read more.

https://theloadstar.com/rate-erosion-may-be-easing-but-rock-bottom-prices-are-not-good-for-anybody/

Ocean carriers 'boxed in' by 5m teu surplus equipment mountain

Posted on 9th February 2023 at 09:04

Ocean carriers 'boxed in' by 5m teu surplus equipment mountain

The return to ’supply chain normalisation’ has led to the container liner industry being hobbled by an estimated surplus of 5m teu of boxes, piled high on storage quays and in depots around the world.

Click on the below link to read more.

https://theloadstar.com/ocean-carriers-boxed-in-by-5m-teu-surplus-equipment-mountain/

Carrier hopes for a demand surge rest on summer peak season

Posted on 9th January 2023 at 10:35

Carrier hopes for a demand surge rest on summer peak season

Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from their pre-Christmas level, to $1,874 per teu.

However, export demand to North Europe has been much weaker than usual ahead of the Chinese New Year on 22 January, and rates are expected to come under pressure again after the holiday as carriers scramble to fill their ships.

Click on the below link to read more.

https://theloadstar.com/liner-hopes-for-a-demand-surge-rest-on-summer-peak-season/

Carriers are facing the 'quiet before the storm' for contract rates

Posted on 3rd January 2023 at 12:45

Carriers are facing the 'quiet before the storm' for contract rates

A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply chains, and were prepared to do, and pay, ‘whatever it took’.

And carriers were holding ‘beauty contests’ to determine the most attractive large-volume BCOs to be included in their exclusive customer portfolios.

But 12 months on, the container liner shipping market has seen an 180-degree turn – world economies are being racked by huge hikes in energy costs, high inflation and spiralling interest rates, causing a pause in discretionary spending by consumers and a sharp downturn in demand.

Click on the below link to read more.

https://theloadstar.com/carriers-are-facing-the-quiet-before-the-storm-for-contract-rates/

Ocean rates continue to climb as peak season heats up

Posted on 16th July 2021 at 17:11

Ocean rates continue to climb as peak season heats up

Demand for ocean freight capacity on key trades continues to outstrip supply as peak season heats up, pushing listed Asia-North Europe spot freight rates past the US$13,000/FEU mark, “and sending Europe to South America rates spiking more than 30% since last week”, the latest spot market figures and analysis from digital freight platform Freightos indicate.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Ocean-rates-continue-to-climb-as-peak-season-heats-up/79518.htm?cl=article_1&elqTrack=true&mc_cid=d4b814a4c6&mc_eid=bb81110dd5#.YPGuVOhKiUk

Ocean freight spot rates continue to surge

Posted on 13th July 2021 at 12:00

Ocean freight spot rates continue to surge

Ocean freight spot rates have continued to surge over the last week, with average rises close to 5% compared with the previous week across the eight major East-West trades assessed by container shipping specialist Drewry, and further rises expected this week.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Ocean-freight-spot-rates-continue-to-surge/79482.htm?cl=article_2&elqTrack=true&mc_cid=ccc354a9c4&mc_eid=bb81110dd5#.YO1xDOhKiUk

South China port disruptions ‘could extend to Christmas’

Posted on 12th July 2021 at 10:28

South China port disruptions ‘could extend to Christmas’

Dwell times at the major ports in and around the south China city of Shenzhen “remain disruptively high”, despite trending downward in recent days with the Port of Yantian at full capacity again, according to freight visibility platform Project44.

It said the data suggests that disruptions related to China’s COVID-19 quarantine efforts could extend well into the year, impacting seasonal shipments as far out as Christmas.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/South-China-port-disruptions-%E2%80%98could-extend-to-Christmas%E2%80%99/79457.htm#.YOwJSehKiUk

Shipper competition driving up ocean freight rates

Posted on 9th July 2021 at 19:00

Shipper competition driving up ocean freight rates

Rates will keep rising while there is more cargo than capacity to ship it, with some cargo owners on long-term contracts and high volumes benefitting from their scale and gaining a significant competitive advantage

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Shipper-competition-driving-up-ocean-freight-rates/79469.htm?cl=article_1&elqTrack=true&mc_cid=90a5c94a82&mc_eid=bb81110dd5#.YOiAKOhKiUk

Ocean freight disruption could hasten re-positioning of supply chains

Posted on 5th July 2021 at 10:13

Ocean freight disruption could hasten re-positioning of supply chains

The prolonged disruption to ocean freight logistics with continuing patterns of container equipment and vessel capacity shortages, port congestion and delays, could hasten structural change in global supply chains put to the severest of tests over the past 18 months.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Ocean-freight-disruption-could-hasten-re-positioning-of-supply-chains/79376.htm#.YOLK-uhKiUk

Port congestion and rising demand forces carriers into schedule adjustments

Posted on 21st June 2021 at 19:03

Port congestion and rising demand forces carriers into schedule adjustments

Increased demand and worsening port congestion in Asia is forcing the east-west alliance carriers to temporarily adjust their liner service networks.

With long waits for berths on the US west coast and at several North European ports, attempts by shipping lines to recover a vessel’s schedule are being thwarted.

Please click on the below link to read more.

https://theloadstar.com/port-congestion-and-rising-demand-forces-carriers-into-schedule-adjustments/

News

Posts tagged “Container Prices”

Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

Ocean carriers 'boxed in' by 5m teu surplus equipment mountain

Carrier hopes for a demand surge rest on summer peak season

Carriers are facing the 'quiet before the storm' for contract rates

Ocean rates continue to climb as peak season heats up

Ocean freight spot rates continue to surge

South China port disruptions ‘could extend to Christmas’

Shipper competition driving up ocean freight rates

Ocean freight disruption could hasten re-positioning of supply chains

Port congestion and rising demand forces carriers into schedule adjustments

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