Asia-Europe rates fall after 3 successive increases

Freight rates on the East-West trades declined in February following three consecutive months of price rises, according to Drewry’s online “Container Freight Rate Insight.”…

Carriers hoping freight rate rally in July sticks

Container shipping costs have sunk to the depths of the last freight rate trough at the end of 2011, but carriers are hoping to…

Global freight rates skid to 15-month low

Average global freight rates fell to a 15-month low in April as prices on the Asia-Europe and Asia-North America trade lanes contracted,  according to…

Box ships levied only partial rate hikes on August 1

Carriers implemented only 3 percent of their general rate increases (GRIs) scheduled for August 1 on the eastbound trans-Pacific trade because of a soft market, according to the latest…

Index-linked contracts gaining popularity, says Drewry

London-based Drewry Maritime Research said the US Federal Maritime Commission (FMC) has identified its container freight rate benchmarks published in the Container Freight Rate Insight as…