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Port congestion heightens container market troubles

According to Linerlytica, increased port congestion has exacerbated the troubles of the overstretched container market.

Shanghai container freight index

ZIM Integrated surges as analysts see container shipping stocks continuing higher

ZIM Integrated surges as analysts see container shipping stocks continuing higher
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Mixed signals on container freight rates as Red Sea alarm subsides

Freight rate indices are sending mixed messages but most show a steady decline in rates as shippers negotiate annual contracts on the transpacific.

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Talks over HMM sale fall through | Hellenic Shipping News Worldwide

Talks over HMM sale fall through | Hellenic Shipping News Worldwide
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More Asia-bound boxships U-turn in Red Sea as shippers count the cost of Cape of Good Hope diversions

As container line operators abandon the Suez-Red Sea route for their Europe-Asia and US east coast-Asia routes, westbound freight rates are shooting up on an anticipated shortage of capacity

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