Posts tagged “Ocean Freight Rates”

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Charter and equipment demand offers some hope for carriers in H2

Posted on 7th February 2023 at 10:58

Charter and equipment demand offers some hope for carriers in H2

Maersk says “there may be reasons for optimism”, as it hopes for a “surge in demand from the second half of 2023” onwards.

Although the carrier added that there was “little sign of any short-term improvement”, there were some positive signs emerging from the container industry services sectors.

Click on the below link to read more.

https://theloadstar.com/charter-and-equipment-demand-offers-some-hope-for-carriers-in-h2/

HAPAG-LLOYD ACHIEVES EXTRAORDINARILY STRONG RESULT IN ITS ANNIVERSARY YEAR 2022

Posted on 7th February 2023 at 08:45

HAPAG-LLOYD ACHIEVES EXTRAORDINARILY STRONG RESULT IN ITS ANNIVERSARY YEAR 2022

On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR 19.4 billion). The EBIT rose to USD 18.5 billion (EUR 17.5 billion), which can primarily be attributed to higher freight rates. At the same time, disruptions in global supply chains and inflation have led to a significant increase in costs.

Click on the below link to read more.

https://www.multimodal.org.uk/article/hapag-lloyd-achieves-extraordinarily-strong-result-in-its-anniversary-year-2022?utm_source=feedotter&utm_medium=email&utm_campaign=FO-02-05-2023&utm_content=httpswwwmultimodalorgukarticlehapaglloydachievesextraordinarilystrongresultinitsanniversaryyear2022

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 carriers plan to blank half their sailings from Asia, post-CNY

Posted on 19th December 2022 at 13:38

Ocean carriers plan to blank half their sailings from Asia, post-CNY

Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January.

Click on the below link to read more.

https://theloadstar.com/ocean-carriers-plan-to-blank-half-their-sailings-from-asia-post-cny/

Maersk revamps network for 'new normal'

Posted on 30th November 2022 at 09:36

Maersk revamps network for 'new normal'

Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a rebound in demand for intra-Asia services, according to the latest Asia-Pacific market update from Maersk.

Click on the below link to read more.

https://theloadstar.com/things-not-all-bad-says-maersk-as-it-revamps-network-for-the-new-normal/

CMA CGM increases ocean freight rate discounts after government pressure

Posted on 25th July 2022 at 10:09

CMA CGM increases ocean freight rate discounts after government pressure

CMA CGM is to introduce even bigger discounts in ocean freight rates and broadened its scope, in response to the sharp rise in inflation hitting the purchasing power of French households.

Click on the below link to read more.

https://theloadstar.com/cma-cgm-increases-ocean-freight-rate-discounts-after-government-pressure/

Ningbo-Zhoushan hits record container volume amid Shanghai lockdown

Posted on 9th May 2022 at 13:46

Ningbo-Zhoushan hits record container volume amid Shanghai lockdown

In April, Ningbo-Zhoushan port is expected to post a container throughput of over 3m teu, a new high for single month and an increase of 10% year-on-year.

Amid the recent covid-outbreaks happened in Yangtze river delta, especially the wave in its neighboring port Shanghai, Ningbo-Zhoushan port maintained smooth operation for container trucks transportation and provided more solutions including opening up new services, adding freight places and adjusting empty containers to effectively relieve the logistics pressure in Yangtze river delta region.

Click on the below link to read more.

https://www.seatrade-maritime.com/ports-logistics/ningbo-zhoushan-hits-record-container-volume-amid-shanghai-lockdown

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

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Posts tagged “Ocean Freight Rates”

Charter and equipment demand offers some hope for carriers in H2

HAPAG-LLOYD ACHIEVES EXTRAORDINARILY STRONG RESULT IN ITS ANNIVERSARY YEAR 2022

Carrier hopes for a demand surge rest on summer peak season

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

Ocean carriers plan to blank half their sailings from Asia, post-CNY

Maersk revamps network for 'new normal'

CMA CGM increases ocean freight rate discounts after government pressure

Ningbo-Zhoushan hits record container volume amid Shanghai lockdown

Ocean rates continue to climb as peak season heats up

Ocean freight spot rates continue to surge

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