Xeneta Summit: Analysts forecast ocean freight spot rates to fall 30% in 2027 as Red Sea return sees capacity flooding back
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MUNICH: Global ocean container shipping spot rates are forecast to fall 30% in 2027, according to the Xeneta Ocean Outlook Report unveiled on Thursday by
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “red sea” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “red sea” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services+1.1% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “red sea” (container shipping) in this story.
- MATX Matson-5.8% 11d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “red sea” (container shipping) in this story.
- KEX Kirby-10.4% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “red sea” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “red sea” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | +35.08% | +5.02% | base | -13.59% | -22.59% | -18.80% | after close |
| IYT | +2.62% | +5.05% | base | +3.43% | +3.53% | +4.34% | after close |
| ZIM | +1.38% | +2.00% | base | +2.61% | +0.50% | +3.70% | after close |
| MATX | +4.55% | -0.52% | base | -0.60% | -2.25% | +0.17% | after close |
| KEX | +16.23% | +5.83% | base | +2.46% | +2.58% | +5.78% | after close |
| DAC | +3.99% | +3.01% | base | -0.48% | -0.56% | +1.61% | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Xeneta Summit: Analysts forecast ocean freight spot rates to fall 30% in 2027 as Red Sea return sees capacity flooding back India Shipping News
Source: India Shipping News
Red Sea
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -13.59% | final price |
| BWET | the next day | -22.59% | final price |
| BWET | two days later | -18.80% | final price |
| BWET | three days earlier | +5.02% | final price |
| BWET | five days earlier | +35.08% | final price |
| DAC | that day | -0.48% | final price |
| DAC | the next day | -0.56% | final price |
| DAC | two days later | +1.61% | final price |
| DAC | three days earlier | +3.01% | final price |
| DAC | five days earlier | +3.99% | final price |
| IYT | that day | +3.43% | final price |
| IYT | the next day | +3.53% | final price |
| IYT | two days later | +4.34% | final price |
| IYT | three days earlier | +5.05% | final price |
| IYT | five days earlier | +2.62% | final price |
| KEX | that day | +2.46% | final price |
| KEX | the next day | +2.58% | final price |
| KEX | two days later | +5.78% | final price |
| KEX | three days earlier | +5.83% | final price |
| KEX | five days earlier | +16.23% | final price |
| MATX | that day | -0.60% | final price |
| MATX | the next day | -2.25% | final price |
| MATX | two days later | +0.17% | final price |
| MATX | three days earlier | -0.52% | final price |
| MATX | five days earlier | +4.55% | final price |
| ZIM | that day | +2.61% | final price |
| ZIM | the next day | +0.50% | final price |
| ZIM | two days later | +3.70% | final price |
| ZIM | three days earlier | +2.00% | final price |
| ZIM | five days earlier | +1.38% | final price |
Red Sea on the map for this story
Geopolitics Alpha has 38 stories about Red Sea from the past 7 days and 240 stories from the past 30. That is about its usual pace over the past month. “Xeneta Summit: Analysts forecast ocean freight spot rates to fall 30% in 2027 as Red Sea return sees capacity flooding back” is tagged to Red Sea.
How solid the shipping case looks
12 out of 100
“Xeneta Summit: Analysts forecast ocean freight spot rates to fall 30% in 2027 as Red Sea return sees capacity flooding back” scores 12 out of 100. The score uses 1 sources.