Xeneta expects “even more brutal” 2024 for ocean carriers
Norway-based ocean and air freight rate platform suggests that next year could be “even more brutal than expected” for ocean carriers in the freight market.
Norway-based ocean and air freight rate platform suggests that next year could be “even more brutal than expected” for ocean carriers in the freight market.
On the westbound India-Europe trade, average short-term contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or
What percentage of these GRIs stick is perhaps not as important to the lines as starting to shift the balance of power back in their
CMA CGM has doubled the amount of a previously announced peak season surcharge (PSS) for December on shipments from India to the US East and
Indeed, after the eye-watering slump in liner profitability in the third quarter and expected heavy losses in Q4, carriers are under intense pressure from shareholders
“The difficulty in our sector is that we have a number of container ships that will come into the market starting next year and that
It is confirmation that ocean carrier 1 November FAK (freight all kinds) GRIs (general rate increases), from Asia to Europe in particular, have run out
“New capacity expected on the market in 2024 will likely continue to pull down freight rates. The slowdown in the global economy is expected to
“I’m certainly concerned about the next 24-36 months because I think we are going to see a downturn,” Jansen said in an interview on Nov.
Norway-based ocean and air freight rate platform suggests that next
On the westbound India-Europe trade, average short-term contract rates from
What percentage of these GRIs stick is perhaps not as
CMA CGM has doubled the amount of a previously announced
Indeed, after the eye-watering slump in liner profitability in the
“The difficulty in our sector is that we have a
It is confirmation that ocean carrier 1 November FAK (freight
“New capacity expected on the market in 2024 will likely
“I’m certainly concerned about the next 24-36 months because I
