International shipping and logistics market update - Week 13/2023

Phaata International shipping and logistics market update - Week 13/2023

1. Asia - Northern America route

The freight rate from Asia to North America West Coast in the week 13/2023 decreased to $1,185/FEU, equivalent to a decrease of 1.5% compared to the previous week and a decrease of 9.95% compared to the previous month, according to Xeneta.

Asia- US West Coast Freight rate | Week 13/2023 (Image: Phaata.com)

2. Asia - Northern Europe route:

The ocean freight from Asia to Northern Europe in the week 13/2023 increased to $1,463/FEU, equivalent to a decrease of 1.71% from the previous week and a decrease of 8.76% from the previous month, according to Xeneta data.

Asia-Northern Europe Freight rate | Week 13/2023 (Image: Phaata.com)

3. Northern America - Asia route:

The freight rates from North America (West Coast) to Asia in the week 13/2023 decreased by 1.7% compared to the previous week, to 981 USD/FEU. This price decreased by 4.66% compared to the previous month.

US West Coast - Asia Freight rate | Week 13/2023 (Image: Phaata.com)

4. Northern Europe-Asia route:

The freight rate from Northern Europe to Asia in the week 13/2023 increased slightly by 0.86% compared to the previous week, to 587 USD/FEU. This price increased by 4.08% compared to the previous month.

Northern Europe - Asia Freight rate | Week 13/2023 (Image: Phaata.com)

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Find Logistics Companies here.

Read more:

• Many container shipping lines sharply increase profit per TEU in 2022
• COSCO SHIPPING Ports achieves over 130 million TEUs in 2022
• COSCO schedules: Vietnam - North America in Apr 2023
• ZIM warns to stop sailing on transpacific route if rates fall too low

Source: Phaata.com 

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