Shipping industry grapple with capacity challenges, strong demand -- Drewry

Shipping industry grapples with capacity challenges, strong demand — Drewry

Since early May the shipping industry has seen a return to capacity…
N.Europe-US prices slide

Asia-US rates climb as N.Europe-US prices slide

Asia-US container rates continue to rise going into the peak season as…
Bank failures’ freight impact

Markets wary of US bank failures’ freight impact

Container shipping markets are wary of how recent high-profile US bank failures…
Asia Europe box rates

Asia-Europe box rates dip 80% on soft demand

Box shipping prices on the Asia-North Europe lane drop 80% y-o-y on…
Sailings amid soft demand

Liners blank 98 sailings amid soft market

98 sailings across the major transpacific, transatlantic and Asia-North Europe & Mediterranean…
Spot contract rates fall

Spot, contract rates fall further at uneven pace

Drewry’s composite index fell 6% this week, the 41st consecutive weekly slide,…
shippers’ SOC booking pain

October contract rates fall as spot prices steady

Contract rates decline for second straight month in October In contrast, spot…
Reefer rates resilient to

Reefers resilient as box spot rates fall further

Ocean container spot rates continued to decline this week but port congestion…
Asia-USWC rates rise capacity

Asia-USWC rates rise, capacity cuts ‘insufficient’

Spot rates rise 9% to $2,730/FEU on Asia-US West Coast route at midweek…
blank 1.5M TEU capacity

Liners blank 1.5M TEU capacity amid rate slide

Ocean liners are reported to be cancelling sailings, with about 1.5 million…