Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Ocean carriers appear to have succeeded in recovering around 75% of their IMO transition surcharges for spot and short-term contract business from Asia to North Europe.
And on the transpacific, the container lines appear to have achieved the full quantum of their low-sulphur surcharges.
Today’s Shanghai Containerized Freight Index (SCFI) recorded a further $34 per teu uplift in spot rates to North Europe, to $800 per teu.
This followed the $64 per teu gain in the previous week, when the LSFO (low-sulphur fuel ...
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