Xeneta sees first crack in container carrier spot rate consensus
OSLO : With some 450 million data points Xeneta believes that it is well positioned to feel container shipping’s pulse and its latest information has shown a blip in the spot rate’s recent beat.
Global demand for Ocean Container Shipping hits all-time high
OSLO : Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released by Xeneta and Container Trades Statistics. In
Spot rate growth slows but ocean container shipping market will remain extremely challenging
OSLO : Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking
Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
Panama Canal slowly returning to normal operations
PANAMA CITY : The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal operations for container shipping after over a year of restrictions due to a
Houthi attacks in Red Sea: Shipping diversions spewing carbon emissions of 9 million cars
NEW YORK : Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tonnes of carbon, making it tougher for companies using ocean freight to
Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight
Red Sea shipping diversions are boosting airfreight volumes and rates
OSLO : Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea, industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. The