ocean freight rates
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Maritime
The mystery of the frozen trans-Pacific spot rates
Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
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American Shipper
FMC keeps spotlight on ocean forwarder, consolidator concerns
COVID-19 may have disrupted supply chains but not the U.S. Federal Maritime Commission’s regulatory and policy focus on ocean container shipping, FMC chairman says.
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News
Upside down: Asia-to-Oceania rates rise but volumes fall
When demand falls, prices fall too — or they should. Yet on the southbound Asia-Oceania trade lane rates are up but volumes are down.
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American Shipper
Are box shipping rate spikes sustainable?
Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?
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Company earnings
Dry bulk operator Pacific Basin’s profit sinks 73 percent
Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin's earnings.
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Asia-Pacific
Commentary: Expansion of the Panama Canal benefits global trade
Ben Thrower recently visited the Panama Canal. He writes about the canal's expansion and what that means to global trade and the maritime industry.
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Asia-Pacific
Decline in box rates flattens out
Box shipping executives may allow themselves a small sigh of relief as the latest freight rates data shows that the recent decline in freight rates…
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Maritime
Down, down, down – container rates are down
Containerized freight rates are continuing to decline. And where gains are made, these are only marginal gains. International maritime consultant Drewry expects that ocean carriers…
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Asia-Pacific
Port Report: Capesize dry bulk rates may be at bottom after series of market shocks
Freight rates for biggest ships fall below those of smaller ships, but that is set up for rebound, market experts say.
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Maritime
Brazil-premium for soybeans could see Chinese buyers increasing shipments from the US
China imposed a 25% import duty on US soybean imports in July and a domestic shortage of beans is now resulting in Chinese traders paying…
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