Container freight rates to hit 2016 levels

Date Added: 2 October 2023

Container freight rates to hit 2016 levels

With our comprehensive portfolio of international container shipping services, Davies Turner notes a report in Seatrade Maritime News that overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report by Linerlytica.

The consultant said that Asia to Europe rates are already below 2019 levels and there is a real risk that rates on the trade could slump to 2016 levels unless drastic capacity management levels are introduced.

The complete report can be seen here: https://urldefense.com/v3/__https://tinyurl.com/2mz55em3__;!!DlTrbhoMwcBu!6cRCABvuV0x0KnWMylV-Wf2rGyXRn5eDQeYYirzMfoy08VB05xysj2JqmQ_fDZgYvcvjyb7VkaSV4na-EpGB7w8vcurE6fkk$

For more information about Davies Turner’s ocean freight forwarding and logistics services, please contact ocean@daviesturner.co.uk or visit the relevant pages of this website.
 

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