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Dry bulk shipping rates experienced substantial upward momentum during early November as the Baltic Dry Index climbed to 2,125 points on November 14, representing significant recovery from October lows and marking strongest performance since mid-summer months. The composite index, which factors rates for capesize, panamax, and supramax vessels transporting commodities including iron ore, coal, grains, and building materials, gained 95 points in single session reflecting tight

Container shipping operators confronted mounting uncertainty regarding potential Red Sea transit restoration following recent ceasefire developments, whilst spot freight rates experienced divergent trajectories across major East-West trades amid persistent overcapacity pressures. Drewry's World Container Index declined 2% to $1,806 per forty-foot container during week ending 27 November, driven primarily by continued transpacific weakness. Shanghai-Los Angeles rates fell 4% t

Maersk and Hapag-Lloyd's Gemini Cooperation achieved schedule reliability above 90 per cent in its initial months of operation, providing operational stability even as container spot rates continued declining through early November amid weakening seasonal demand. The alliance, fully implemented in June 2025, operates approximately 340 vessels across 57 services with total capacity of 3.7 million TEU focused on East-West trades. Transpacific eastbound on-time performance reach

Global container shipping rates declined in early November as carriers confront mounting pressure from seasonal demand weakness and expanding capacity on major East-West trades, threatening the fragile rate recovery achieved through autumn capacity management measures. The Drewry World Container Index fell 5 per cent between the first and second weeks of November to $1,859 per 40-foot container on 13 November, marking rates 46 per cent lower than the previous year. Asia-US We

Container freight rates declined in early November as European importers completed pre-Christmas inventory builds, intensifying pressure on carriers already navigating overcapacity and persistent Red Sea diversions that continue to reshape global shipping patterns. The composite price index fell 5 per cent between the first and second weeks of November, with Drewry's World Container Index placing the global average price of shipping a 40-foot container at $1,859 as of 13 Nove