Port strikes on US East Coast to disrupt supply into 2025: XenetaRipple effects of strike action at ports on the US East and Gulf coasts will cause severe supply chain disruption into 2025, with analysts warning government intervention may be required to avoid major economic fallout. More… |
Container shipping demand sees another record-breaking monthOcean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea. More… |
Spiralling ocean container shipping market set to peakThe dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiralling spot rates. Data released by Xeneta shows average spot rates from the Far East to More… |
Demand for ocean freight container shipping hits record: XenetaGlobal demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94m TEU (20-foot equivalent container) transported by ocean in May bea More… |
Ship seizure by Iran may hit Mideast trade lanes, says expertThe seizure of a container ship by Iran in the Strait of Hormuz this morning, Saturday, is 'extremely concerning' and threatens to put trade lanes in the Middle East at risk, according to Peter Sand, the Chief Analyst at Xeneta, a lead More… |
Baltimore bridge collapse ‘has not spiked ocean freight rates’The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight container shipping rates. Data release More… |
Spiralling ocean freights from Far East to US may have peakedThe Red Sea crisis sent ocean freight rates from the Far East to US spiralling by more than 150%, but there appears to be some relief on the horizon for shippers. The latest data released by Xeneta indicates a More… |
Red Sea crisis impact on shipping 'more rapid than Covid-19'The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honoured, according to Xeneta. More… |
Red Sea crisis impact on shipping 'more rapid than Covid-19'The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honoured, according to Xeneta. More… |
Ocean freight shipping rates to rise more in February: XenetaEarly indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by Xeneta. The Xeneta ocean freight rate benchmar More… |