Mark Woolnough

Rates Spot rates continue to slide, with rates being pitched at under $5500 per FEU, and confidence that they will be below $5000 before the months out. Those who fixed long-term contracts at much higher are now pushing for reductions… things are getting back to normal then on the pricing

Rates Is boom time is over for the shipping lines? With spot rates continuing to tumble 40’ rates have fallen back below the $7000 mark. There are market whispers of rates being available at closer to $6000, however that’s more likely aggressive forwarders taking a view the market will

Rates With spot rates now available from $3900 / $7300, and looking like dropping further in what are traditionally peak rate times. There may finally be a light at the end of the tunnel for importers battered by high freight rates. Still the small matter of UK port strikes to throw

Rates Spot rates have taken a noticeable drop in the last week with options on various lines all falling below the $9000 mark. The usual peak season increase has not materialised, and though rates are still being held up by blanked sailings and congested ports, it’s looking like rates

Rates Rates continue to slowly dip, though they are being held up by numerous blank sailings. The indexes below continue to show an accurate visual of the direction of rates over time, though spot rates are achievable at up to 10% below these levels. Get a Quote XSI® - C

Rates More mumblings across the industry of rates having peaked and the carrier's boom time being nearly over. Some interesting opinions on LinkedIn that rates could be as low as $2000 per FEU come Chinese New Year 2023 😱 I’m not sure we’ll see rates at those

Rates Numerous articles this week noting how spot rates had fallen under contracted rate levels, and how this could be the start of an eventual return to pre-pandemic pricing levels. You can see from the XSI & FBX charts below that rates had flatlined somewhat of late, but we are

Rates The situation remains very much the same for pricing from Asia to Europe. Rates are bobbing around at similar levels, with lower deals available on specific sailing options for limited TEU volumes. With talk of an ‘early peak season’ being mentioned more frequently, it will be interesting to see

Rates XSI® - C Report a figure of $10,345 per 40’ container (FEU) dated 23/05/22 (down 0.20% WoW) FBX Report a figure of $10,583 per 40’ container (FEU) dated 27/05/22 (down 0% WoW) -------------------------------------------------------------------------------- News Anger as terminal operators impose new customs charge

Rates Much of the same this week on the rates from China and Asia. Spot rates deals are still very much the best best for the cheapest rates, with traditional liner options falling below the new Charter services in most container sizes (20’s the exception) XSI® - C Report