The Dispatch - Issue #35

Mark Woolnough -

Rates

We’ve not hit the bottom yet, as rates continue to erode from Asia to the UK.
40’ containers can now be booked at under $1500 into Southampton, however sailings are still a little erratic as the lines implement yet more blanking sailings to halt the pain.

Get in touch for pricing options

Below indices are always lagging on the actual achievable rates but provide a good record & visual of the situation.

XSI® - C

Report a figure of $2,126 per 40’ container (FEU) dated 06/12/22 (down 15.06% WoW)

FBX

Report a figure of $3,530 per 40’ container (FEU) dated 09/12/22 (down 2% WoW)

News

Complaints of unfair D&D charges against MSC pile up at the FMC - The Loadstar
Three shippers have filed complaints with the US Federal Maritime Commission (FMC) against container line MSC, citing grievances ranging from unfair charges to inadequate periods for container movements. The first of the three complaints filed by MVM Logistics, which has now said it is insolvent, da…
The LoadstarNick Savvides
Decarbonisation report shows shipping how to get going this decade - Splash247
The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonisation of the industry closer to the Paris 1.5°C trajectory, according to a new 78-page report published today by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The report urges c…
Splash247Sam Chambers
New entrants exit the main box tradelanes - Splash247
The new entrants on the main east-west container trades are hurting, hit hard by plummeting spot rates and sky-high charter rates. CU Lines has given notice for the early termination of the charter of 12 panamax ships that it currently deploys on routes to the US and Europe. It follows the terminati…
Splash247Sam Chambers

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