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Maersk ups full year earnings forecast as port congestion grows

Maersk ups full year earnings forecast as port congestion grows
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Are container spot rate hikes an overreaction to Red Sea diversions?

Container spot freight rates between Asia and Europe jumped 60% in the space of two weeks which could be driven by panic from shippers

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Container freight rate recovery stumbles

After a month of steady increases and forecasts of a recovery in the making, container freight rate indices softened last week.

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Container spot rates on a likely recovery path : HSBC

Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report.

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