East-West air cargo rates nosedive

Airfreight rates suffered another month of falls in June, sinking to new lows, according to Drewry Maritime Research’s monthly Sea & Air Shipper Insight…

Box ships’ price war could eventually hurt shippers—Drewry

Shippers might be the beneficiaries of the current price war among ocean container carriers, but the tumbling rates could also bring negative consequences for…

Mega-ship orders weakening rate hike resolve

New orders for ultra-large container vessels (ULCVs) are undermining attempts by carriers to solve the capacity overhang, according to Drewry’s monthly report “Sea &…

East-West sea and air rates take opposite routes

Ocean freight rates on the key East-West trades registered marginal increases in January 2013, but airfreight rates for the month went in the opposite…