Situation

The market remains largely unchanged, with strong demand and high vessel utilization. Demand is especially strong for the Canadian East Coast, where it currently exceeds available capacity. For the US East Coast, bookings should be made four to five weeks in advance. Mexican East Coast services remain stable and strong, with supply and demand becoming more balanced.

Obstacles

Space remains tight. Blank sailings are planned from Northern Europe toward the end of the year, mainly to help carriers restore schedule reliability, as vessels are currently delayed by bad weather. This could further tighten the market and put additional pressure on space availability and rates, while year-end closures generally contribute to longer waiting times.

Outlook
We expect strong market conditions until the end of the year, with demand remaining high.
In general, rates are expected to remain stable at the current levels.

Main Ports: North Europe to US East Coast

^{Source: Market average rates for 40‘ containers according to www.xeneta.com}

Main Ports: North Europe to US West Coast