World Cup Fuels Explosive Surge in Container Freight Rates
Driven by the ongoing Red Sea crisis, shippers rushing to move goods forward, and aggressive pricing by shipping lines, global container spot freight rates are soaring at a pace rarely seen in years.
El Niño Arrives, Dry Bulk Freight Rates Could Rise
El Niño Arrives, Dry Bulk Freight Rates Could Rise
Major Shipping Companies Forced to Shift from Sea to Land; Persian Gulf Freight Rates Hit Record Highs
Major Shipping Companies Forced to Shift from Sea to Land; Persian Gulf Freight Rates Hit Record Highs
Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO
Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.
Container freight rates slump 4.2% in April
Container freight rates fell 4.2% in April to their lowest level since June last according XSI Public Indices...
China’s coastal bulk freight index edges up
China’s coastal bulk freight market saw a overall demand growth last month, according to the Shanghai Shipping Exchange (SSE).
Freight fuel market moves back towards balance
The market for freight fuels is moving close to balance, after tightening significantly in 2017 and the first...