Global shipping industry to face ongoing freight recession through 2024
The global shipping industry has been grappling with a prolonged period of low freight demand throughout this year, and unfortunately, these challenging economic conditions are
The global shipping industry has been grappling with a prolonged period of low freight demand throughout this year, and unfortunately, these challenging economic conditions are
To mitigate the impact of the Busy Season Charge, CONCOR has decided to pass on this charge to its export-import (EXIM) customers starting from November
Alongside soaring fuel prices resulting from war and Ukraine and Gaza, shortages of qualified seafarers and a move to more sustainable shipping practices have proved
Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Pakistan, Sri Lanka and Bangladesh to the United States
Christmas has arrived, but not for US freight forwarders, who have seen volumes and demand crash with no peak season to speak of and the
From To 20’ST/RFCurrent rates 40’ST/RF/HCCurrent rates 20’ST/RFNew rates 40’ST/RF/HCNew rates Rotterdam New York US$1,450 US$1,600 US$1,650 US$2,000 Rotterdam Veracruz US$1,813 US$2,026 US$1,915 US$2,126 Rotterdam Montreal
And, with the 2024 budget season looming, the shipping lines will want to jettison unprofitable cargo from their customer portfolios. For example, MSC this week
“The past decade has been exceptionally well for containerised trade. We have seen volumes grow in transshipment and coastal shipping as well. During COVID this
Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates, effective from 1 November, which are double
The global shipping industry has been grappling with a prolonged
To mitigate the impact of the Busy Season Charge, CONCOR
Alongside soaring fuel prices resulting from war and Ukraine and
Hapag-Lloyd has announced a new General Rate Increase (GRI) /
Christmas has arrived, but not for US freight forwarders, who
From To 20’ST/RFCurrent rates 40’ST/RF/HCCurrent rates 20’ST/RFNew rates 40’ST/RF/HCNew rates
And, with the 2024 budget season looming, the shipping lines
“The past decade has been exceptionally well for containerised trade.
Asia-North Europe carriers took advantage of the Chinese national holiday
