Ocean freight rates surge as peak season arrives

Ocean freight rates affected by bunker surcharge costs and fuel price increases

Ocean freight rates are rising sharply as strong demand collides with constrained shipping capacity at the start of the summer peak season. Ongoing port congestion, elevated fuel costs and persistent disruption across major trade routes are tightening available capacity, creating upward pressure on rates and increasing volatility across global container markets. Ocean freight rates are climbing as the summer peak […]

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