Rates
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News
Xeneta: A turning point for the ocean freight industry? Data reveals first rise in long-term ocean freight rates in a year
After a full year of seemingly freefalling ocean freight rates, the latest market data from Oslo’s Xeneta suggests the industry…
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Continued downward pressure with a significant decline in VLCC demand growth rates
The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet…
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Higher freight rates despite the increase in the volume of ballast ships as demand gradually rises
As September began, freight rates continued to remain firm, as recorded at the end of the summer season. However, the…
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Xeneta: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According…
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Spot market meltdown, as Transatlantic container shipping spot rates hit all-time low. A time to act for the shippers
Shippers on the trade are taking full advantage of this new reality, regaining the upper hand after the 2021-2022 pandemic…
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Xeneta container rates alert: Amid Record-Low Trans-Atlantic Trade Rates, Shippers Must Seize Opportunities Before Market Rebounds
Spot rates on the Trans-Atlantic fronthaul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According…
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Container Rates Alert: Spot rates rally on key Far East trade lanes after latest GRI moves
Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of…
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Long-term ocean freight rates hit two-year low just as record new levels of ships enter the market and overcapacity adds further pressure
Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta’s Shipping Index (XSI®)…
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News
July’s Spikes In The Number Of Ballasters With Rates Dropping Throughout The Month
The last days of July are still quiet, with a weaker sentiment of freight rates in all size classes, while…
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