The Dispatch - Week 9

Rates

We are seeing rates continue to soften in the market, both indexes below showing a noticeable trend downwards. This is also reflected in the pricing being offered in the prepaid market from China and the Charter rates from the new services available.

It’s still very much a spot market, and the more attractive rates are limited in the space available or come with restrictions on port availability or what types of cargo can be moved.

As always get in touch if you would like specific pricing.

XSI® - C

Report a figure of $13,475 per 40’ container (FEU) dated 01/03/22 (down 5.28%)

FBX

Report a figure of $13,644 per 40’ container (FEU) dated 04/03/22 (down 5%)


News

Port congestion contagion spreads - Splash247
The global nature of the container port congestion saga, which has dogged supply chains during the pandemic, is illustrated clearly today with data from consultancy eeSea. The Danish firm has sent Splash a map (see below) charting the congestion hotspots around the world, an image that clearly shows…
Freight forwarders warm up to the idea of shipper-owned containers
Container xChange found 18% more freight forwarders were willing to transport a shipper-owned container than in years past.
Shippers prepare as Ukraine crisis prompts emergency fuel surcharges - The Loadstar
Shippers are bracing for a raft of emergency bunker surcharges from ocean carriers, as oil prices hit eight-year highs. Following Russia’s invasion of Ukraine, the price of crude oil has soared to its highest level since 2014, to more than $105 a barrel, with analysts predicting $130 within weeks. M…

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