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.
Read Xeneta Shipping Index (XSI®) for a complete indication of the global market movements in the container shipping industry.
Access April 2020 Report Here