Containers

Container freight rates nosedive on major east-west trades as US port strikes unwind

Lines suspend surcharges and brace for a slacker market that should send rates lower

The 16,000-teu dual-fuel methanol Alexandra Maersk (built 2024) — the fifth in a series of 18 vessels scheduled for delivery in 2024 and 2025 — was named at the Port of Felixstowe, UK, on 9 October.
The 16,000-teu dual-fuel methanol Alexandra Maersk (built 2024) — the fifth in a series of 18 vessels scheduled for delivery in 2024 and 2025 — was named at the Port of Felixstowe, UK, on 9 October.Photo: AP Moller-Maersk
TradeWinds correspondentLondon
Published 9 October 2024, 15:28Updated 9 October 2024, 19:39
Container freight ratesFreightosFreightos Baltic IndexUS East Coast