Container market sends mixed signals as charter rates hold firm, spot rates slide

Spot rates continue to fall despite carrier capacity cuts

Xeneta has reported that global spot container rates are still falling, as carrier efforts to curb the decline through capacity cuts.

Container market sends mixed signals as charter rates hold firm, spot rates slide

Container shipping is giving out misleading signals. On the one hand, time charter rates are at highs never experienced outside the covid era, while spot rates have been on a decline for nine straight weeks. Likewise, global liners are muddying the outlook – one raising its full-year forecast, while another has decided to lower its …