The Dispatch - Issue #36

Mark Woolnough -

Our first issue of 2023 🥳

It’s too late to bother with the happy new year stuff now, so I’ll leave that there…

Rates finally appear to have bottomed out, even seeing a slight increase with some carriers. This has been reinforced by the New Year holidays in China, and the battle for space caused by a number of blanked sailing from the shipping lines.

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Below indices are always lagging on the actual achievable rates, but provide a good record & visual of the situation. (Not sure on the current FBX levels 🤷‍♂️)

XSI® - C

Report a figure of $1,814 per 40’ container (FEU) dated 18/01/23 (down 3.46% WoW)

FBX

Report a figure of $3,420 per 40’ container (FEU) dated 20/01/23 (up 15% WoW)

News

MSC loses case with American furniture maker - Splash247
A judge in the US has ruled that Mediterranean Shipping Co (MSC) must pay a local furniture maker $944,655 in a long-running case over an alleged failure to meet contractual obligations during container shipping’s boom years. The judge issued a default decision against MSC after it failed to supply…
Splash247Sam Chambers
How big are the world’s largest ocean container ships?
The biggest container ships sailing on the oceans can carry more than 24,000 TEUs and are as tall as the Empire State Building.
FreightWavesNoi Mahoney
Amazon’s new capacity management system lets sellers bid for more storage space
The reservation feature gives businesses more control over their Fulfillment by Amazon capacity “while limiting unproductive use,” an executive said.
Supply Chain DiveMax Garland

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