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Xeneta News
Container Freight Rates Could Plunge with End of Houthi Attacks
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances.“Details are sketchy, and you cannot base the safety of crews, ships and cargo on the word of Houthi militia.
Xeneta Acquires eeSea
Xeneta AS announced the acquisition of fellow maritime and supply chain data company eeSea. By adding eeSea’s global schedule, transit time and reliability data to its existing range of freight rate data, Xeneta will enable BCO Procurement teams to manage freight contracts and suppliers based on service levels, and not just cost, to get the right service at the right price, no matter what the market conditions.“Today marks a key milestone for Xeneta…
Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals
Latest data from Xeneta, an ocean and air freight intelligence platform, shows average spot rates from China to the US West Coast are down 59% since June 1, 2025, at USD 2 268 per FEU (40ft container). Rates have also plummeted into the US East Coast, down 43% to USD 3 796 per FEU in the same period.Average spot rates from North Europe to US East Coast are USD 2 000 per FEU, down a gentler 5% since June 1…
Xeneta Ocean Container Shipping Market Update
Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe to US East Coast: USD 1992 per FEUMarket average on the Transpacific trade from Far East to US West Coast accelerated its decline in the early days of July, down 18% from end-June and falling below the level seen in second half of May.
Xeneta: Israel-Iran Conflict Threatens Safety and Stability of Ocean Supply Chains
Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict.“Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a de-facto closure of the Strait of Hormuz—a vital entry point for container ships calling at ports such as Jebel Ali and the wider Arabian Gulf region…
Xeneta: US Tariff Uncertainty May Continue
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers—but it could signal the beginning of the next era of confusion in global supply chains.“The court decision to deem the sweeping tariffs unlawful is clearly positive news for shippers who have faced extraordinary increases in the cost of importing goods into the US, but this should come with a warning that the story is far from over.
Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.Data released by Xeneta, an ocean and air freight intelligence platform, shows global TEU-mile demand would decrease…
Proposed China Vessel Fees Come with Supply Chain Risks
Analysts caution that a new proposal to impose fees on China-built container ships entering the U.S. could trigger unintended consequences, including port congestion, rising freight costs, and shifts in global trade flows.The Trump administration has announced a plan to charge a $1 million fee every time a vessel operated by a Chinese carrier docks at a U.S. port. Additionally, the Federal Notice outlines potential extra charges for any China-built ships…
Xeneta: Ocean Box Rates to Fall Again in February
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February - with carriers now taking action to slow the market decline.Latest data from Xeneta – an ocean and air freight intelligence platform – shows average spot rates from the Far East stand at USD 3 795 per FEU (40ft container) into North Europe and USD 5 085 per FEU into the Mediterranean – down 22%…
Box Shipping Rates may fall as US Port Strikes Averted
Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on 15 January and would have forced the closure of ports from Maine to Texas. This has now been averted after a tentative agreement over a new six-year master contract was reached between the International Longshoremen’s Association (ILA)…
All Eyes on China as Trump Retakes the White House
Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China.Data from Xeneta shows the last time that President Trump ramped up tariffs on Chinese imports during the trade war in 2018, ocean container shipping freight rates spiked more than 70%.
European Importers Shouldn't be Spooked by Freight Rates
Ocean container carriers are desperately trying to push spot freight rates up in early November to halt the market decline and strengthen their hand during negotiations with European shippers for new long-term contracts.Latest data from Xeneta’s ocean and air freight rate intelligence platform shows average spot rates on the major fronthaul trades from the Far East to North Europe and the Mediterranean…
Container Shipping Carbon Emissions Reach Record High
The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions from the ocean container shipping industry in Q3.The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions across Xeneta’s top 13 ocean container shipping trades, hit 107.9 points in Q3 – the highest…
Hapag-Lloyd, Maersk Cooperation Targets 90% Service Reliability
The two people leading Hapag-Lloyd and Maersk into the new Gemini Cooperation spoke at the Xeneta Summit in Amsterdam last week expressing confidence in the new alliance achieving its ambition of 90% service reliability.The Gemini Cooperation will begin operating on February 1 next year, with a new hub and spoke approach of mainliner and transshipment services designed to increase reliability.Rolf Habben Jansen…
Machine Learning & Maritime: Meet Xeneta's Market Rate Outlook
'Ocean container shipping must harness the power of machine learning to protect supply chains' was an overriding message at the Xeneta Summit in Amsterdam.“While nobody can predict Covid-19 or the Red Sea Crisis, procurement professionals are constantly making decisions based on their outlook for the next few quarters," said Fabio Brocca, Chief Product Officer, Xeneta." When there is so much volatility and uncertainty across global supply chains…
Potential US Seaport Strike May Cause Months-long Shipping Delays
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.Retailers like Walmart and other importers have been rushing goods in ahead of the Sept. 30 expiration of the union contract covering some 45,000 dockworkers at three dozen seaports from Texas to Maine.Their goal? To land cargo in the U.S. before Oct.
Chinese Port Blast Raises Serious Safety Concerns for Container Shipping
A major explosion on board a containership berthed at the port of Ningbo-Zhoushan in China raises serious safety concerns, a shipping analyst said.The incident took place Friday, with video footage showing a massive explosion on board Taiwanese shipping firm Yang Ming Marine Transport Corp's vessel YM Mobility. There are no reports of casualties.The blast follows other major incidents in 2024, including…
Have Container Volumes from China to North America Peaked?
Ocean container shipping demand from China to North America and North Europe continued to break records in June, but the latest data from Xeneta indicates it may now have peaked.The June highs came as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea.The latest data, released this week, shows 800,000 TEU were shipped from China to North Europe in June…
Xeneta: Ocean Container Shipping Market Reaches Tipping Point
The ocean container shipping market reached a tipping point in July, with long term rates on major fronthaul trades showing signs of life just as spiraling short term rates begin to soften.The Xeneta Global XSI®, which covers all valid long term contracts in the market, edged up 2.5% in July to stand at 151.5 points.More notably, the underlying XSI® sub-index for Far East Exports – which includes the…
Spiraling Container Shipping Market Set to Peak
The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiraling spot rates.Data released by Xeneta today, Monday, shows average spot rates from the Far East to US East Coast increased by 3.7% on July 15 to stand at USD 10,045 per FEU (40ft equivalent shipping container). Into the US West Coast, spot rates increased by 2.0% to stand at USD 8…
