Container freight rates down 3%
Box shipping rates have dropped 3% on the previous week to an average of $2912 /FEU
Trump’s levies freeze box market
Over the last seven days, bookings for 20’ container imports into the US have nosedived - 67%.
Box spot freight rates still falling
This week they were down 4% on the previous week, to $2168/ FEU. Tariffs have been dropping since Jan 9th
Freight rates at $1436/FEU in EU ports
Congestion problems in European ports and rerouting to Africa keep the charter market afloat
Box freight rates down 4% this week
Shipping tariffs have been averaging $2264 per FEU. Shanghai-Genoa rates cost 1% less
Box spot rates -3% week-on-week
This week, freight rates dropped to an average of $2,541 per FEU. Shanghai-Genoa tariffs stable
Trump’s white knights
MSC and CMA CGM are charting new routes under Trump’s normalization policy. Gian Enzo Duci’s analysis
MSC orders 4 new 21,700 TEU vessels
Mega order from Chinese Zhoushan Changhong shipyard. 2.15 mln TEU fleet increase planned
New US container import record
Last month US ports imported 2.4 million TEUs, beating their previous 2022 January record