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Port of Gothenburg freight volumes signify stability and revival

Freight volumes at the Port of Gothenburg have remained stable, despite the ongoing effect the Covid-19 pandemic is having on world trade. Container volumes remain unchanged while other segments are regaining lost ground following the downturn earlier in the year. This can be seen from the volume report for the year to September.

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BIMCO Highlights Spike in Long-Term Freight Rates Far East to U.S.

Long-term freight rates are on the rise according to a new analysis from BIMCO. While the increase in long-term freight rates is in line with BIMCO’s expectations given the current strength of the spot market, they note that since most containers are shipped on long-term contracts the rate increase is more significant for shippers and contributes to the profitability of the carriers.

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