Asia — Europe Rate Forecasts

Logistically has been receiving carrier notifications about planned General Rate Increases (GRIs) starting next month, which could affect multiple ocean freight routes. While global demand for container shipping has dropped off from the peak of a couple of months back, the lines will be keen to get rates back up

Current State of Container Bookings from China/Asia to the UK and Europe

Ocean freight rates are surging as carriers report a severe lack of space on the Far East and Southeast Asia inbound routes. Key factors include: * Red Sea crisis * Increased demand * Longer journey and transit times * Carrier's blanked sailing programs There's a significant imbalance of empty containers

Far East Westbound Market Update for May

We'd like to advise you of some important developments in the shipping industry that may influence your upcoming shipments. 💡If you have shipments to move in May - please get in touch for pricing.Contact us for quotes Potential Blank Sailings and Limited Space in May As we

Indian Ocean Freight Rates

We are excited to announce that we have negotiated heavily discounted prices for Indian Ocean freight import shipments ex Cochin, Munda, Ahmedabad, Mumbai, Nhava Sheva and Delhi In our ongoing commitment to provide the most competitive rates in the market, we have negotiated special volume discounts with our Indian Ocean

Red Sea / Gulf of Aden - update on transits

Despite some positive news on the 29th that Maersk was resuming transit through the Red Sea, however. Following the 30 December incident involving our vessel, Maersk Hangzhou, we have made the decision to pause all transits through the Red Sea / Gulf of Aden until further notice. We appreciate your patience

The Dispatch - Issue #42

The container shipping market continues to breathe a sigh of relief as the deterioration in rates from Asia-Europe and Asia-United States finally came to a halt. Annual Asia/North Europe contracts were signed for $1,600-2,000 per 40' container, enabling shipping companies to keep their heads above water

The Dispatch - Issue #41

Whilst rates remain low, to be confident of getting boxes away, you are probably paying a higher rate than at the start of the month. These space issues are mainly caused by the carriers' implementation of blanked sailings, leading to rollovers. This week, The Loadstar reported that the 2M

The Dispatch - Issue #40

Rates continue to head downwards, with blank sailings doing little to reverse the trend. Whilst they seem to have stabilised somewhat, there are still opportunities to secure below-market rates on specific spot sailings. As always, for the best current spot pricing, just click the below button or hit reply to

The Dispatch - Issue #39

Currently freight rates still threatening to drop further, with spot rates on specific sailings being well below the market average. Contract rates being negotiated currently in the UK are nearing the same levels as current spot rates according to the below article from the Loadstar. There’s still room to

The Dispatch - Issue #38

Rates remain mostly as we were. Spot rates hovering around the $1500 - $1600 mark dependent on which port you are coming into. However, space remains pretty tight and the cheapest rates get any available space snapped up pretty quickly. With rates seemingly settled currently, we are trying to see