Container

Long-term container contracts plunge while the spot market rises

While long-term contract rates are down by more than 60 percent over the past year, spot rates are rising after two negative weeks.
For the long-term contracts, prices have dropped into August for the 12th consecutive month, according to Xeneta.
For the long-term contracts, prices have dropped into August for the 12th consecutive month, according to Xeneta.
AF MARKETWIRE OG SHIPPINGWATCH

Spot prices for Shanghai containerized freight in the SCFI index are on the rise again, while prices in container shipping companies’ longer-term contracts continue to fall.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs