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Industry Opinions

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Ioanna Kontos - August 1, 2023 0

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

News

Xeneta raises US$80 million to fuel expansion into new markets

Container News Team - September 13, 2022 0

Ocean and air freight rate benchmarking and market analytics platform, Xeneta announced a US$80 million investment at a US$265 million valuation led by funds...

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Long-term freight rates for Australia and New Zealand imports hit record levels

Antonis Karamalegkos - July 22, 2022 0

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of...

Rates & Surcharges

Xeneta CEO, Berglund: “It’s a position of power the carriers have no desire of relinquishing”

Container News Team - April 29, 2022 0

April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up...

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Xeneta reports 100% increase in long-term container freight prices

Container News Team - April 1, 2022 0

Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year, according to a report from the ocean and...

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Global container carriers thrive despite signs of rate decline

Container News Team - February 8, 2022 0

The latest Xeneta Shipping Index (XSI) Public Indices Report has shown the decline of 3.6% in long-term contracted ocean freight rates in January fails...

News

Xeneta acquires air freight data provider CLIVE Data Services

Container News Team - January 28, 2022 0

The freight rate benchmarking platform Xeneta has acquired the Amsterdam-based air freight data analytics company CLIVE Data Services to provide more comprehensive insights into...

News

Ocean Shipping Reform Act won’t alleviate issues in container shipping: industry players

Container News Team - December 10, 2021 0

Shippers and market observers have expressed scepticism at the passing of the Ocean Shipping Reform Act (OSRA) by the US House of Representatives on...

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Freight rates elevated more than 90% in one year

Container News Team - October 5, 2021 0

Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed...

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Desperate shippers swallow contract rates at double 2020 Levels

n.savvides - April 22, 2021 0

Early indications from the annual contract negotiations being closed between beneficial cargo owners and carriers point to shippers paying up to three times as...

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Tag: Xeneta

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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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