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Transatlantic Trouble As Extra Capacity Undermines Freight Rates

2023 has marked a change in fortunes for ocean freight rates from North Europe to the US East Coast, with both spot and long-term contracted prices falling by around 10% since the start of the year. According to the latest data from Oslo’s Xeneta, long-term rates are now under USD 6 000 per FEU, while ...

WP_Post Object ( [ID] => 284742 [post_author] => 98 [post_date] => 2023-01-19 22:00:57 [post_date_gmt] => 2023-01-19 22:00:57 [post_content] => 2023 has marked a change in fortunes for ocean freight rates from North Europe to the US East Coast, with both spot and long-term contracted prices falling by around 10% since the start of the year. According to the latest data from Oslo’s Xeneta, long-term rates are now under USD 6 000 per FEU, while ... [post_title] => Transatlantic Trouble As Extra Capacity Undermines Freight Rates [post_excerpt] => 2023 has marked a change in fortunes for ocean freight rates from North Europe to the US East Coast, with both spot and long-term contracted prices falling by around 10% since the start of the year. According to the latest data from Oslo’s Xeneta, long... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => transatlantic-trouble-as-extra-capacity-undermines-freight-rates [to_ping] => [pinged] => [post_modified] => 2023-01-19 22:00:57 [post_modified_gmt] => 2023-01-19 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=964817 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )