Oslo, Norway – 31 January 2025 – Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February – with carriers now taking action…
XENETA
Container shipping supply chains in a high-paced substitution of risk to handle – stakes are high
What a start to the year we have seen – not only carriers offering ‘special deals’ to selected customers to attract new business and container shipping alliances reshuffle, but on…
Analysts warn Trump’s America First trade policy on import tariffs is hurting US shippers
Oslo, Norway – 21 January 2024 – Donald Trump has not immediately followed through with his election vow of sweeping import tariffs, but uncertainty in his trade policy leaves US…
Xeneta announces Board of Director changes, supporting its continued transformation of ocean and air freight markets
Oslo, Norway – 21 January 2025 – Xeneta, the global reference for ocean and air freight rate data and intelligence, has announced changes to its Board of Directors. Marie-Pierre Rogers has been…
Ocean container shipping rates may fall after deal reached to avoid port strikes on US East Coast and Gulf Coast
Oslo, Norway – 9 January 2025 – Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been…
Trump Presidency will reignite US-China trade war and threaten a spike in ocean container shipping markets as businesses rush imports ahead of higher tariffs
OSLO – Norway, 6 November 2024 Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in…
XENETA SUMMIT: Shipping giants reinforce confidence in Gemini alliance service reliability ambitions
AMSTERDAM – Netherlands, 18 October 2024 – The two men leading Hapag-Lloyd and Maersk into the new Gemini Cooperation joined together on stage at the Xeneta Summit in Amsterdam yesterday…
Xeneta Summit: Machine learning to predict future ocean freight rate movements in new Market Outlook
AMSTERDAM – Netherlands, 17 October 2024 – Industry leaders at the Xeneta Summit in Amsterdam have been told ocean container shipping must harness the power of machine learning to protect…
Agreement reached to end US port strike – but supply chains will take weeks to recover
OSLO, Norway – 4 October 2024 Strike action at ports on the US East and Gulf Coast ended last night, Thursday, after a new wage agreement was reached – but…
Scaremongering port workers’ union issues misleading claim of $30,000 ocean freight container shipping rates as strike action begins on US East and Gulf Coast
OSLO – Norway, 1 October 2024 The International Longshoremen’s Association (ILA) has today, Tuesday, gone ahead with strike action at US ports from Maine to Texas and accused ocean container…
Xeneta: Port strikes on US East Coast will cause major supply disruption into 2025, with Government intervention needed to prevent damage to economy
Oslo, Norway – 25 September 2024 – Ripple effects of strike action at ports on the US East and Gulf coasts will cause severe supply chain disruption into 2025, with…
US Presidential Debate: Trump’s import tariffs are ‘history repeating’ and will cause a spike in ocean container shipping markets – with consumers picking up the cost.
OSLO, Norway – Donald Trump’s proposed import tariffs would see the cost of shipping goods by ocean increase in a repeat of the market spike seen during his first term…
Explosion at Ningbo-Zhoushan port in China raises further serious safety concerns in ocean container shipping
OSLO, Norway – 9 August, 2024 – A major explosion has occurred on a container ship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises serious…
Xeneta: Another record-breaking month for container shipping demand from China to North America and North Europe
Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply chains amid the global disruption caused…
Are you ready for the second half of a troubled 2024? Sign up here, to join this Xeneta webinar – and find out :o) TODAY! https://www.xeneta.com/ocean/freight/webinar/july2024 It can take six…
Oslo – Norway The ocean container shipping market reached a tipping point in July, with long term rates on major fronthaul trades showing signs of life just as spiraling short…
Record-breaking demand for ocean container shipping adds to perfect storm in market
Oslo, Norway – 10 July, 2024 Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94m TEU…
XENETA RATE UPDATE: Spot rate growth slows but ocean container shipping market will remain extremely challenging.
Oslo – Norway, 14 June 2024 – Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The…
US importers caught in a vicious circle as labor union strike threat raises fears of soaring freight rates and massive disruption at US East and Gulf Coast ports.
Oslo, Norway – 12 June 2024 – Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a…
Will new US tariffs on China imports be a case of history repeating? Businesses brace for increased supply chain costs.
Oslo, Norway – 14 May 2024 – Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports today,…
Counting the cost of war on the climate: Red Sea conflict brings massive carbon emissions increases in ocean freight shipping.
Oslo, Norway – 23 April 2024 -Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data released by Xeneta today, Tuesday.…
Oslo, Norway – 13 April 2024 – The seizure of a container ship by Iran in the Strait of Hormuz this morning, Saturday, is ‘extremely concerning’ and threatens to put…
Oslo, Norway – The Francis Scott Key Bridge in Baltimore has collapsed after it was struck by a container ship at around 1.35am ET. The container ship involved is the…
Massive increase in container shipping imports from China into Mexico amid ongoing US trade war.
Oslo, Norway – Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has…
Impact of Red Sea crisis on ocean freight shipping is more rapid than Covid-19 as tensions run high across the industry
OSLO, Norway – 30 January 2024 The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are…