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Showing research about Theme - Rates

20190604-rates-rates

May Aids Container-Lines as Rates Stabilize, Fuel Falls

The container shipping industry had a period of relative calm in May with global shipping rates falling by just 0.7% during the month. Rates for routes from China to the U.S. east and west coasts rose 6.7% and 2.5% despite the imposition of new tariffs and potential weakening of trade. S&... Read more →

Two Trade Wars, a Rate War and Four Tariff Reactions

Last week saw a tumult of trade policy activity including: a worsening of the U.S.-China trade war, with little sign of renewed talks; the declaration by the U.S. that car imports are a security threat, souring relations with the EU; USMCA’s ratification became more likely following a re... Read more →

20190401-rates-total-comps-150x150

Shipping’s Tough First Quarter Sees Rates Down, Costs Up

The shipping industry had a terrible first quarter with container shipping rates having fallen by 24.0% year-to-date according to S&P Global Platts figures. Shipping from China to the U.S. west coast did poorly due to the previous end of inventory building ahead of – now delayed – tariffs... Read more →

20190314-bunker-fuel-fuel

BP’s New Fuels Carry Significant Costs for Shipping Lines

Oil refiner BP has launched its range of IMO-compliant shipping fuels ahead of the implementation of new sulfur emission regulations in 2020. Shipping lines face a significant increase in costs in 2020 given the new fuels cost $188 per ton, or 45.2%, more than high sulfur fuels according to S&... Read more →

20190305-rates-rates

Stormy February Leaves Container Profitability At November Lows

Container shipping rates closed February with a 4.6% decline compared to the end of January for routes out of China. That’s not unusual for the post Lunar New Year holiday period and was mostly driven by a 5.6% drop in rates to Europe. However at the same time shipping rates have fallen there’... Read more →

20190301-msc-bunker-bunker-fuel

Australian Exporters Pay The Price for Lack of Carrier Diversity

Container-line MSC has updated its bunker fuel surcharges for Australia/New Zealand to U.S. routes after a 24.1% surge in fuel prices year-to-date. The increase may also be driven by a tightening of capacity given U.S. seaborne imports from Australia and New Zealand surged 28.1% year over year... Read more →

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