Xeneta: Container spot rates stabilise as carriers add capacity

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Container spot freight rates on major east-west trades showed signs of stabilizing as shipping carriers increased capacity. Despite remaining at high levels following the Strait of Hormuz crisis, the pace of freight rate increases has moderated this week.

Container spot freight rates on the major east-west trades showed signs of stabilising this week as carriers continued to inject additional capacity into the market, according to the latest weekly market update from Xeneta. While freight rates remain at exceptionally high levels following the Strait of Hormuz crisis, Xeneta said the pace of increases has […] The post Xeneta: Container spot rates stabilise as carriers add capacity appeared first on Container News.