NEWS: The Loadstar - Container Spot Market - Up or Down?

The Loadstar

 

The jury is still out on whether there will be a peak season this year – and also if ocean freight rates are heading north or south. The verdict on the first count looks likely to be ‘yes’, but subdued and later than normal.

But, if container shipping analysts are anything to go by, the jury is split on the second question. “The container shipping market is in a state of flux and is harder to forecast than previously,” said maritime consultant Drewry.

“Over the past year, spot container freight rates have continuously dropped from the Covid-related crazy levels of 2021 to mid-2022, and appeared to have found a floor,” said the consultancy.



Read more here. . . Container Spot Market - Up or Down?