Shipping disruption and e-commerce demand driving up airfreight rates
The start of the airline summer season this month is likely to hit airfreight rates ...
Executive summary of the latest quarterly container forecaster from Drewry, which provides some of the best in-depth analysis of the container shipping industry currently available. Its review of the last quarter of 2013 reveals that despite 10 (TEN!) general rate increases over the course of last year, average freight rates at the end of the year were still $350 per teu lower than 12 months earlier, which resulted in 2014 contracts on the key Asia-Europe trade being signed at significantly lower levels than at the beginning of 2013. Expect more slow steaming, more asset sales and another year where breaking even will be considered an achievement for carriers.
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Resurgence of Somali pirates creates another 'danger zone' for shipping
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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mobile: +44 7402 255 512
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