News / Contract rates soaring above spot, with shippers being 'bled dry'

31/05/2022

Long-term container line contract rate agreements have reached new highs and, in some cases, are in excess of spot market deals currently touted by ocean carriers.

Hapag-Lloyd CFO Mark Frese said this month he expected a “strong reduction” in spot rates in the third quarter, with, ...

Daily News from £12 / mo · includes Daily News

Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Password Forgot?

Remember me on this device

* Includes access to Daily News Compare plans →

Comment on this article

You must be logged in to post a comment.

Topics

Hapag-Lloyd Jon Monroe Consulting Xeneta

News / Contract rates soaring above spot, with shippers being 'bled dry'

Comment on this article

Hapag-Lloyd's Hanseatic Global Terminals to acquire 20% stake in Eurogate Container Terminal Hamburg

Hormuz uncertainty prompts carriers to add new surcharges

Base case: current Hapag-Zim deal falls at Golden Share hurdle

Maersk ships early movers as IMO unveils Hormuz evacuation plan

MSC, Mærsk & CMA CGM – where rivalry doesn't matter (and where it does)

Network restructuring cascading larger vessels onto Intra-Europe trades

More shipper pain on the way as carriers levy new peak season surcharges

Cautious air cargo shippers delay tenders amid signs rates may have peaked

Hormuz 'definitely shut', landbridges under pressure – TIR to the rescue?

Topics

News / Contract rates soaring above spot, with shippers being 'bled dry'

This is a Daily News Story

Comment on this article

Related Stories

Hapag-Lloyd's Hanseatic Global Terminals to acquire 20% stake in Eurogate Container Terminal Hamburg

Hormuz uncertainty prompts carriers to add new surcharges

Base case: current Hapag-Zim deal falls at Golden Share hurdle

Maersk ships early movers as IMO unveils Hormuz evacuation plan

MSC, Mærsk & CMA CGM – where rivalry doesn't matter (and where it does)

Network restructuring cascading larger vessels onto Intra-Europe trades

More shipper pain on the way as carriers levy new peak season surcharges

Cautious air cargo shippers delay tenders amid signs rates may have peaked

Hormuz 'definitely shut', landbridges under pressure – TIR to the rescue?

Topics

Contact Us

The Loadstar editorial enquiries

Loadstar Premium editorial enquiries

Business and advertising enquiries

General and subscription enquiries

Sign-In Here

Search