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Trans-Pacific contract rates slip from peak but still historic | Hellenic Shipping News Worldwide

Trans-Pacific contract rates slip from peak but still historic
Finally, a bit of good news or at least, less-bad news for beleaguered U.S. importers. The latest data shows a moderate retreat in the year-on-year increase in long-term contract rates.
Norway-based Xeneta collects long-term contract rate data, using millions of inputs per month from shippers and non-vessel-operating common carriers (NVOCCs).
“Now, you can see a few minuses,” said Xeneta CEO Patrik Berglund during a market update on Tuesday, referring to contract-rate evolution in some trade lanes over the past three months.
Rates still rising, but by less
Annual contracts in the U.S. market are generally concluded by June. As of Tuesday, Xeneta pegged the average long-term contract rates for Asia-West Coast cargo at $2,030 per forty-foot equivalent unit (FEU), up 33% from a year ago. ....

Greg Miller , Patrik Berglund , Jochen Gutschmidt , Asia North Europe , Asia West Coast , Asia East Coast , Freightos Baltic Daily Index , Copenhagen Based Sea Intelligence , கிரெக் மில்லர் , பற்றிக் பெர்க்லண்ட் , ஆசியா வடக்கு யூரோப் , ஆசியா மேற்கு கடற்கரை , ஆசியா கிழக்கு கடற்கரை , கோபெந்ஹேகந் அடிப்படையிலானது கடல் உளவுத்துறை ,

Trans-Pacific contract rates slip from peak but still historic

Trans-Pacific contract rates slip from peak but still historic
Xeneta: Asia-West Coast contract rates still up 33% year on year
ONE container ship in Oakland (Photo: Shutterstock/Sheila Fitzgerald)
Finally, a bit of good news or at least, less-bad news for beleaguered U.S. importers. The latest data shows a moderate retreat in the year-on-year increase in long-term contract rates.
Norway-based Xeneta collects long-term contract rate data, using millions of inputs per month from shippers and non-vessel-operating common carriers (NVOCCs).
“Now, you can see a few minuses,” said Xeneta CEO Patrik Berglund during a market update on Tuesday, referring to contract-rate evolution in some trade lanes over the past three months. ....

Patrik Berglund , Jochen Gutschmidt , Asia North Europe , Asia West Coast , Asia East Coast , Freightos Baltic Daily Index , Copenhagen Based Sea Intelligence , பற்றிக் பெர்க்லண்ட் , ஆசியா வடக்கு யூரோப் , ஆசியா மேற்கு கடற்கரை , ஆசியா கிழக்கு கடற்கரை , கோபெந்ஹேகந் அடிப்படையிலானது கடல் உளவுத்துறை ,

Container ships suffer record delays as demand spikes | Hellenic Shipping News Worldwide

Container ships suffer record delays as demand spikes
You need your ocean cargo ASAP. You know which container ship it’s on. What’s the chance that your ship arrives at the port on schedule? For the answer, flip a coin. Heads: The ship will dock on time. Tails: It’ll be late possibly very late.
On Thursday, Copenhagen-based Sea-Intelligence released its Global Liner Performance Report for November. It found that average global carrier schedule reliability across 34 trade lines fell to just 50.1% last month.
It is the worst global score recorded since Sea-Intelligence introduced its reliability measure in 2011. The second- and third-worst scores were recorded in September and October. ....

United States , Greg Miller , Lars Jensen , Alan Murphy , Cma Cgm , Copenhagen Based Sea Intelligence , Global Liner Performance Report , Asia West Coast , Asia East Coast , Chinese New Year , Maersk Line , Wan Hai , Hamburg Sud , American Shipper , Intelligence Consulting Lars Jensen , ஒன்றுபட்டது மாநிலங்களில் , கிரெக் மில்லர் , லார்ஸ் ஜென்சன் , ஆலன் மர்பி , சம சிஜிஎம் , கோபெந்ஹேகந் அடிப்படையிலானது கடல் உளவுத்துறை , உலகளாவிய லைனர் செயல்திறன் அறிக்கை , ஆசியா மேற்கு கடற்கரை , ஆசியா கிழக்கு கடற்கரை , சீன புதியது ஆண்டு , மெர்ஸ்க் வரி ,