Container rates still on the rise
After last week's 2% increase, box freight rates have risen by a further 3% this week
From China to the UK in just 18 days
The departure of the Istanbul Bridge from Ningbo kicks off the world's first Arctic route service
MSC, new Peak Season Surcharge
From 15th October on link services between N.Europe, the USA, Canada, Mexico, Puerto Rico & the Bahamas
One in ten box shipments irregular
World Shipping Council: in 2024, 11.4% of ocean container shipments were found to be deficient
Sharp drop in box shipping rates
The slowdown in the growth in demand for goods from the US has led to new spot market imbalances
Israel-Iran conflict, 3.4% of container traffic volumes at risk
The tension in the Middle East remains high after Iranian missiles hit the huge Soroka hospital in Beer Sheva
Asia-US West Coast capacity boom
Shipping companies are planning to add 397,000 more TEUs to the trade route for June and July
Europe-Far East still top trade route
In just 2 years, carriers have added 2.26m TEUs of capacity, bringing the total fleet up to 7.8m TEUs
Box spot rates up 2% on last week
Tariffs have risen to an average of $2276/FEU. Drewry expects the trend to continue