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Industry Opinions

Red Sea Crisis: Xeneta forecasts freight rates to rise further in February

Container News Team - 0
Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data...
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Xeneta appoints new chief revenue officer

Ioanna Kontos - 0
Tonia Luykx, renowned for her success in scaling software as a service (SaaS) and tech businesses such as Sift, Google, Dropbox, and Amazon, has...
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Shippers are counting the cost of war

Container News Team - 0
Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta chief analyst Peter Sand,...
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Red Sea crisis: Markets spike, consumers will pay the price

Antonis Karamalegkos - 0
Consumers around the world are expected to pay the price for the unfolding crisis in the Red Sea after missile attacks on merchant ships...
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Xeneta expects “even more brutal” 2024 for ocean carriers

Antonis Karamalegkos - 0
Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight...
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Golden week holidays no barrier to rate index decline

Container News Team - 0
Rates on the two major trades to Europe and the United States continued to slide even as workers begin their slow return to factories...
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Industry Opinions

Xeneta: Carriers drive up ocean freight rates on main Far East to USWC trade with savvy capacity cuts

Container News Team - 0
After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade,...
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Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - 0
Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...
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Industry Opinions

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Container News Team - 0
Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform...
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Industry Opinions

Spot rates rally on key Far East trade lanes after latest GRI moves: Xeneta

Ioanna Kontos - 0
Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs)...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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