Shipping & Logistics

Crystal ball gazers eye further falls in container freight rates

Derivatives markets are not impressed by the week’s marginal rise in container spot rates

The 24,000-teu HMM Algeciras operates from Asia to northern Europe where freight rates are expected to fall further.
The 24,000-teu HMM Algeciras operates from Asia to northern Europe where freight rates are expected to fall further.Photo: HHLA / Dietmar Hasenpusch
Published 9 January 2023, 20:24Updated 9 January 2023, 20:24