Our weekly Container Shipping Market Update
https://www.xeneta.com/news/xeneta-weekly-ocean-container-shipping-market-update-04.09.26
or
Average spot rates from the Far East to the US East Coast continue their ascent following the outbreak of conflict in the Middle East in February, climbing a further 25% since early July.
ππ΅ πͺπ΄ π’ π₯πͺπ§π§π¦π³π¦π―π΅ π΄π΅π°π³πΊ πͺπ―π΅π° ππΆπ³π°π±π¦, where spot rates from the Far East to North Europe have fallen 18% since early July while rates into the Mediterranean are down 28%.
Some great charts are illustrating these points. Find them in the LinkedIn post. (link above).
Lots of challenges for global supply chain right now (as always it seems) – please don’t hesitate to get back to me – whether it regard to the content of this email or relates to Panama Canal restrictions, the closed Hormuz Strait or the eventual return of container shipping networks to Red Sea transit.
