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Asia US container rates continue to fall, nearing pre-pandemic levels as imports slow

Rates for shipping containers from east Asia and China to the US continued to fall this week and are nearing the levels seen at the start of the pandemic, pushed lower by falling demand, China’s ongoing zero-COVID policies and Chinese factory closures for the Golden Week ...

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Global shipping costs fall, giving hope to exporters and farmers after COVID price-hikes

The cost of sea freight is plummeting as countries raise interest rates amid fears of a global recession, but it may not necessarily result in cheaper imports for Australian consumers, stakeholders ...

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Asia spot prices continue downtrend, seen firming in the short term

Asian spot liquefied natural gas (LNG) prices continued its downtrend this week on healthy inventories but are expected to rise in the short term, as buyers will need to boost stock ahead of cold winter months and as Europe faces higher price ...

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