Posts tagged “Container Prices”

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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/

Ocean freight spot rates rise further

Posted on 18th June 2021 at 18:01

Ocean freight spot rates rise further

Ocean freight spot rates on major East-West trades have seen further significant rises this week, including double-digit percentage rises on some transpacific and transatlantic lanes, the latest data from Drewry reveals, with further rises expected this week.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Ocean-freight-spot-rates-rise-further/79323.htm?cl=article_1&elqTrack=true&mc_cid=d4067bccd9&mc_eid=bb81110dd5#.YMzIk2hKiUk

Yantian ‘contagion’ will spread around the world

Posted on 9th June 2021 at 15:27

Yantian ‘contagion’ will spread around the world

Long-suffering cargo owners face another wave of pain as the terminal congestion from the coronavirus outbreak in southern China threatens to ripple around the world.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Yantian-%E2%80%98contagion%E2%80%99-will-spread-around-the-world/79257.htm?cl=article_2&elqTrack=true&mc_cid=647b44b5b3&mc_eid=bb81110dd5#.YMDOSflKiUk

Asia-North Europe ocean rates 'jump' further

Posted on 3rd June 2021 at 16:10

Asia-North Europe ocean rates 'jump' further

Aside from another “jump” in Asia-North Europe ocean rates, which spiked 15% and US$500 past the US$10,000/FEU mark this week, prices stayed level on most major lanes, according to the latest international freight update published by digital rates specialist Freightos, which incorporates the Freightos Baltic Index (FBX).

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Asia-North-Europe-ocean-rates-jump-further/79228.htm#.YLjvOvlKiUk

Mid-value products ‘getting priced out’ of ocean freight

Posted on 3rd June 2021 at 16:02

Mid-value products ‘getting priced out’ of ocean freight

A number of significant lower-value commodities such as furniture and large electrical and electronic appliances are becoming ‘priced out’ of major intercontinental ocean freight markets because of the elevated freight rates facing importers currently, new analysis by Sea-Intelligence has revealed.

Click on the below link to read more.

https://www.lloydsloadinglist.com/freight-directory/news/Mid-value-products-%E2%80%98getting-priced-out%E2%80%99-of-ocean-freight/79211.htm?cl=article_1&elqTrack=true&mc_cid=6a683d648a&mc_eid=bb81110dd5#.YLjtn_lKiUk