Could soaring container freight rates top pandemic peaks?
Spot rates hit $10,000 per feu with no end in sight for the container shipping rally
The delivery of record numbers of container ship newbuildings has failed to stem the rise in freight rates. Pictured, the 24,188-teu OOCL Finland (built 2024) on its maiden arrival at Xiamen on 10 May 2024.Photo: OOCL
