Box spot rates up 2% on last week
Tariffs have risen to an average of $2276/FEU. Drewry expects the trend to continue
China-US truce boosts freight rates
Shippers frantically resorting to front-loading has sent freight rates up 8% on a weekly basis
Maersk keeps its full-year guidance
The Danish shipping company says it is moderately optimistic after positive Q1 financial results
Africa, top destination for Chinese goods
Spot rates from Shanghai to West Africa have fallen by less than half compared to the general trend since Jan.
A light on the horizon
Uncertainty continues in the shipping market, but a fair deal between China and the US is looking more realistic
Blanked sailings hit new peak
Trump effect: Carriers have cancelled 42% of their box capacity on the Asia - US East Coast trade route
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