
Spot rates falter as peak season makes a slow start
Container spot rates from Asia to Europe and the US seem to dip a bit, as the peak season appears to falter at best. Freight

Container spot rates from Asia to Europe and the US seem to dip a bit, as the peak season appears to falter at best. Freight

The freight rates had appeared to mellow down a bit and the trade was just expecting some correction in the otherwise sky high shipping charges,

For westbound bookings from India to Europe, the average contract rates of major container carriers have dropped by double digits this month from the levels

The containership port congestion index created by UK broker Clarksons hit a new record on July 14, whereby 37.8% of the boxship fleet capacity was

The cost of shipping a container from China to the US had jumped from $2000 during the pre-pandemic period to $20,000 in May 2021. Inflation

A new scapegoat appears to be created with each wave of supply shock the global economy has experienced in the past years. At the first

In an attempt to relive consumers from the pressure of high inflation, the French Finance Minister, Bruno Le Maire instructed the country’s biggest energy and

The Danish maritime data analysis company, Sea-Intelligence has reported that in the US, the service contracts between shippers and the carriers have made a significant

The announcement of shipping rates and the lack of transparency in shipping bills are two challenges in the logistics sectors that the minister of commerce

Container spot rates from Asia to Europe and the US


For westbound bookings from India to Europe, the average contract

The containership port congestion index created by UK broker Clarksons

The cost of shipping a container from China to the

A new scapegoat appears to be created with each wave

In an attempt to relive consumers from the pressure of

The Danish maritime data analysis company, Sea-Intelligence has reported that

The announcement of shipping rates and the lack of transparency