The Dispatch - Issue #17

Rates Continuing to see rates moving downward, though not dramatically. The indices below give a good picture of the trends, however achievable rates are actually below this level currently. XSI® - C Report a figure of $11,434 per 40’ container (FEU) dated 05/04/22 (down 9.96%) FBX

The Dispatch - Issue #16

Rates Rates continue to drop, though it’s still very much a spot market with some headline grabbing rates available but for specific vessels and limited TEU. The main carrier pricing now seems to be in line (if not below) some of the new chartered services, will be interesting to

China Covid Situation - 21/03/22

Please note todays update on the recent Covid Situation in China: Shenzhen Lockdowns are gradually lifted, and warehouse opened again. Situation should ease next couple of days. Tianjin Certain districts like Hebei are facing lockdowns. Shippers might not be able to load containers as planned. Qingdao Certain shippers might not

Current Covid Situation in China

Please note the following update on the recent Covid Situation in China: Shenzhen * Still placed into lockdown which includes warehouses/production facilities. While ports remain open it will be difficult to stuff container + get them delivered to the port. * Actual planning for the lockdown is one week. We hope it

The Dispatch - Issue #15

Rates More downwards direction in the general rate picture from Asia to the UK, though with events in Ukraine having a considerable impact on fuel prices, the lines are already talking emergency BAF surcharges. Think the rate reductions will go someway to offsetting the fuel surcharges, but not sure how

The Dispatch - Issue #14

Rates We are seeing rates continue to soften in the market, both indexes below showing a noticeable trend downwards. This is also reflected in the pricing being offered in the prepaid market from China and the Charter rates from the new services available. It’s still very much a spot

The Dispatch - Issue #13

Storm Eunice came and went, to be eclipsed by another storm brewing up between Ukraine and Russia. A precarious situation that will certainly cause further disruption to supply chains, but also economies and human life. Rates As we were with rates right now. We are starting to see more ‘special

The Dispatch - Issue #12

Typing this up at what is hopefully the tail-end of Storm Eunice, which has delivered the strongest wind ever recorded in England at 122mph (ca. 196 km/h). Obviously, this has knock on effects into supply chain disruptions, with ports shut & rail services suspended. There will be some good

The Dispatch - Issue #11

Things are starting to move after Chinese New Year, whilst pricing remains pretty much as it was before, there are more and more mutterings that rates might start to drop. It will be interesting to see how the 12 & 24 month fixed deals agreed by some play out with

The Dispatch – Issue #10

As the eagle eyed amongst you may have noticed with the ingenious renaming of the subject line, the newsletter will now be published on a weekly basis rather than daily. This gives more scope to summarise the week's news and updates, particularly pertaining to what it means for