Splash Extra

Analyst Abstract

Containers

As September fades away there are signs that a boxship plateau of dizzying heights has been reached in both the charter and spot rate markets.

Last week, the Shanghai Containerized Freight Index edged up 0.5%, while Drewry’s World Container Index remained unchanged and the FBX, compiled by Freightos and the Baltic Exchange, was down 1.4%. The spot market easing comes as Hapag-Lloyd and CMA CGM both publicly stated they’ve stopped seeking spot rises from customers for the coming...

To continue reading, please login below or subscribe here.

 

Back to top button