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
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