Carriers 'test the markets' with rate hikes, but has the peak hit its peak?
With shipping’s peak season now well under way, container freight spot rates resumed their steep ...
This week on The Loadstar Snapshot, we examine the financial fallout of the Middle East conflict on global shipping.
Hapag-Lloyd CEO Rolf Habben Jansen last Thursday (Q4/FY 2025 earnings calls, 26 March), said the carrier faced $40m to $50m in extra weekly costs due to current market conditions. As carriers apply emergency surcharges to offset these expenses, shippers are accusing them of double-dipping on index-linked contracts.
Mr Habben Jansen rejected this claim, saying the carrier’s intention is to recover immediate costs without collecting twice.
We also break down why spot rates remain surprisingly mild, despite tightening capacity.
Read more here:
– https://theloadstar.com/surging-fuel-costs-lift-spots-for-now/
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