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Main Ports: North Europe to Far East
Main Ports: Mediterranean to Far East

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

Trade Analysis: Far East Eastbound



Demand for ocean freight is generally flat on most trade lanes, with only minor ups and downs. Overall vessel capacity continues to exceed demand, preventing a sustained or significant increase in rates. Carriers will continue to cancel sailings and practice slow steaming.


Vessel delays, blank sailings and service suspensions are still in place, but they are relatively easy to manage.


Many carriers are planning to introduce fresh capacity on this route in the coming month. Rates are still at a very low level and can’t go any lower. We do not see any increase in demand in the near future and we expect this situation to persist during Q4/23.

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