Xeneta Weekly Ocean Container Shipping Market Update: Spot rates split sharply this week

Spot rates split sharply this week: up 14% into the US West Coast while Asia to Europe falls 5%. Peter Sand on Hormuz transits and last-minute blanked sailings. Peter Sand, Xeneta Chief Analyst: “As the ‘dance macabre’ for all stakeholders within the maritime supply chains continues around the Strait of Hormuz; uncertainty leaves maritime safety …

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AI trade boom offsets Middle East conflict

Global merchandise trade delivered a stronger-than-expected performance in the first quarter of 2026, with surging demand for artificial intelligence-related technologies helping to offset the growing disruption caused by the war in the Middle East, according to a analysis from the World Trade Organization. The WTO said that world goods trade remained remarkably resilient despite mounting …

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India bunker fuel demand falls in July on weather disruptions, supply issues

India’s bunker fuel market faced significant supply disruptions in July as adverse weather conditions and barge availability constraints curtailed volumes at key west coast ports, while east coast facilities maintained relatively stable demand, market participants said. Demand remained subdued during the first half of July at major west coast ports including Kochi, Kandla and Mumbai, …

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