Due to the rapid change of event.
Weekly Rate Update: W19 Oil Price Impact on Container Freight Rates
May 07, 2020
Due to the rapid change of events affecting our industry from the COVID-19 crisis, we will release weekly rate updates on various trades.
Oil price has dropped by more than 40%. Considering most carrier's bunker calculations were completed in March - Can we expect an immediate impact? Watch this week's 5-minute update on the short-term market for the latest.
Oil Price Impact on Container Freight Rates - Week of May 7, 2020
Global Index on Ocean Freight Rates