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Monthly Archives: September 2023

Golden Week blanked sailings growing

Carriers are frantically cutting October sailings from Asia to Europe, to try and get capacity below demand levels, in a final attempt to support rates, before the start of the traditional slack season, because their next opportunity to significantly raise…

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Freight market report – September 2023

The latest Drewry World Container Index is now 85% below its 2021 peak and 42% lower than the 10- year average, indicating a return to more normal prices. However, it remains 10% higher than average 2019 (pre-pandemic) rates. (more…)

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