New: xenetaAll contenthive-129948krhive-196917steemhive-166405zzanhive-183959hive-180932hive-185836uncommonlabhive-183397hive-150122photographyhive-101145hive-144064hive-188619bitcoinhive-145157krsuccesshive-184714hive-193637lifehive-139150hive-109690hive-181136TrendingNewHotLikerslogupdate (37)in xeneta • last yearLatest data wake-up call for shippers, says XenetaLong-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls, says Xeneta in its latest update. "The latest General Rates Increases…logupdate (37)in xeneta • 2 years agoXeneta's CEI increases in Q42022 on Far East-US West Coast laneThe Carbon Emission Index (CEI) from the Far East to the U.S. West Coast rose in Q42022, reaching its highest level of the year of 96.2 but it remains below where it was in Q42021 (100.2), according…logupdate (37)in xeneta • 2 years agoXeneta Shipping Index drops 13%, sharpest MoM dropThe global Xeneta Shipping Index (XSI) posted its biggest ever month-on-month drop on record in January 2023 when it fell 13.3% from December, down to 364.15 points, making it the fifth month in a…logupdate (37)in xeneta • 2 years agoMore blanked sailings ahead of Chinese New Year: XenetaIn the four weeks leading up to Chinese New Year, blanked sailings announced before January 6 from Asia to the U.S. West Coast are more than six times higher than the weeks leading up to the holiday…logupdate (37)in xeneta • 2 years agoOcean freight rates may be in for another spin: XenetaSome shippers may have an element of payback in mind since recession has started to bite in some markets, and demand for goods is dropping, says Xeneta in its latest ocean freight update.…logupdate (37)in xeneta • 2 years agoLong-term contracts continue to be expensive, says XenetaLong-term rates on major trades are declining but not at the same pace as the spot rates, according to the latest update from Xeneta. "Shippers are forced to sign long-term contracts and pay…logupdate (37)in xeneta • 2 years agoXeneta Shipping Index drops 6% in NovemberXeneta Shipping Index (XSI) for the contract market dropped by 5.7 percent in November. "This is the third month in a row rates have dropped but the largest month-on-month decline recorded since the…logupdate (37)in xeneta • 2 years ago85% customers see decline in 2023 ocean freight spend: XenetaAs many as 45 percent of Xeneta customers expect ocean freight spend to decrease by 30 percent or more in 2023, and 40 percent customers expect ocean freight spend to decrease by 10 percent or more.…logupdate (37)in xeneta • 2 years agoXeneta forecasts falls in freight rates, volumes for 2023After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an "extremely challenging" 2023, according to Oslo-based Xeneta. "An in-depth…logupdate (37)in xeneta • 2 years agoBackhaul spot rates drop sharply than fronthaul: XenetaThe collapse in spot rates on fronthaul trades has caught the headlines but shippers on certain backhaul trades have seen equally large drops with some trades having seen spot rates fall for much…logupdate (37)in xeneta • 2 years agoMore than 2/3rd Xeneta customers want to use index-linked contractsAlmost 76 percent of Xeneta customers recognise the value of Index Linked Container Contracts (ILCCs) and want to procure capacity in the future, primarily using ILLCs. "With the continuous…