#ocean-rates
(4 articles)Ocean rates hit annual highs as US-China trade truce extends
A two-month extension of the US-China trade truce, negotiated between President Trump and President Xi Jinping, offers temporary policy clarity but does little to moderate surging ocean freight rates.
Container Ship Orders Near 40% of Fleet: Rate Pressure Ahead
The global container shipping industry faces a structural capacity challenge as the orderbook swells to approximately 13.1 million TEUs, nearly 40% of the existing 33.8 million TEU operating fleet. Th
Ocean rates weaken as geopolitics, tariffs reshape peak season
Container shipping markets are experiencing downward rate pressure following a tariff-driven surge in peak season demand, with Asia-US West Coast rates declining 6% to $7,067 per FEU in mid-July. Howe
Brazil-US Ocean Rates Spike 50% Amid Tariff Front-Loading
Ocean freight rates from South America to North America have experienced significant upward pressure, with Brazil-to-US 40ft container rates surging 50% to $3,000 in recent months. This spike is not d