Thursday, 20/04/2023, 12:46 (GMT +7)
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International shipping and logistics market update - Week 16/2023
Phaata International shipping and logistics market update - Week 16/2023
1. Asia - Northern America route
The freight rate from Asia to North America West Coast in the week 16/2023 very strongly increased to $1,593/FEU, equivalent to a sharp increase of 38.64% compared to the previous week and a sharp increase of 30.15% compared to the previous month, according to Xeneta.
Asia- US West Coast Freight rate | Week 16/2023 (Image: Phaata.com)
2. Asia - Northern Europe route:
The ocean freight from Asia to Northern Europe in the week 16/2023 slightly increased to $1,432/FEU, equivalent to an increase of 1.06% from the previous week and a decrease of 1.92% from the previous month, according to Xeneta data.
Asia-Northern Europe Freight rate | Week 16/2023 (Image: Phaata.com)
3. Northern America - Asia route:
The freight rates from North America (West Coast) to Asia in the week 16/2023 slightly decreased by 1.30% compared to the previous week, to 911 USD/FEU. This price decreased by 8.81% compared to the previous month.
US West Coast - Asia Freight rate | Week 16/2023 (Image: Phaata.com)
4. Northern Europe-Asia route:
The freight rate from Northern Europe to Asia in the week 16/2023 decreased by 3.52% compared to the previous week, to 521 USD/FEU. This price decreased by 9.86% compared to the previous month.
Northern Europe - Asia Freight rate | Week 16/2023 (Image: Phaata.com)
Find Freight rates here.
Find Logistics Companies here.
Read more:
- Xiamen Port to build four more terminals to increase capacity by more than 4 million TEU
- CMA CGM in exclusive negotiations to acquire Bolloré Logistics in a deal worth 5 billion euros
- New container ship orders hit a record high of 7.54 million TEU
Source: Phaata.com
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