The Dispatch - Week 16

Rates

Things still feeling very much the same with rates from China to the UK. Though the reductions seem to have plateaued and the lowest offers only available on specific sailings rather than a general market rate.

The rate of exchange is one to keep an eye on for anyone who has negotiated all in GBP pricing from China.

As always for any specific pricing please get in touch.

XSI® - C

Report a figure of $10,849 per 40’ container (FEU) dated 19/04/22 (down 4.06% WoW)

FBX

Report a figure of $11,638 per 40’ container (FEU) dated 22/05/22 (down 2% WoW)


News

Ukraine war adds pressure to wooden pallet shortage, as prices soar - The Loadstar
The war in Ukraine has claimed a new collateral victim in Europe: the market for wooden pallets – crucial in the packaging, handling and storage of goods. According to the European Pallet Association. (EPAL), more than 600 million of its pallets and 20m of its box pallets are in circulation. For wee…
Dong Fang sees manic demand for containers ease – ‘but it’s no free-fall’ - The Loadstar
Cosco Shipping Development (CSD), parent of the world’s second-largest container manufacturer, Dong Fang International, says it is seeing a decline in demand and daily rental rates. Demand for containers surged during the past 18 months, seeing 2021 net profits nearly triple on 2020, to $956m, as pr…
E-commerce giants throttle back on same-day delivery as fulfilment costs soar - The Loadstar
The race for faster deliveries to consumers is running out of steam – thanks to the rising cost of fuel. In the years before Covid, Amazon had been a relentless pace-setter, playing a major role in satisfying consumer expectations that online orders should reach them within two days, at no cost. The…

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