The volatile spread of container rates between Mediterranean and Northern Europe routes from Asia looks to have steadied around the $1,000 per feu mark.
Hapag-Lloyd reported the highest operating margins among the major container lines in Q1 2023, a quarter which saw the return of operating losses for some lines.
Dubai Maritime Authority has launched a directive to improve transparency in the Dubai container market after receiving an expanded mandate earlier this year.
Contract rates on certain container export trades out of Europe remain well above pre-pandemic levels; is this a sign of underlying strength or an impending collapse?