Container rates surge by up to 60% amid the Red Sea crisis

As container vessels take longer routes, capacity constraints contribute to a revival in container rates. The China to Europe trade lane has witnessed significant surges, with trading spot rates soaring in key Chinese ports. The disruptions are not confined to China; leasing rates bound for Hamburg, Germany have doubled since January 1, 2024. Source: Container xChange

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,500 reports. Cancel anytime.
FREE TRIAL
Already a subscriber ? Log in
RELATED POSTS