Phaata International shipping and logistics market update - Week 27/2023

Phaata International shipping and logistics market update - Week 27/2023

 

1. Asia - Northern America route

 

The freight rate from Asia to North America West Coast in the week of 27/2023 increased sharply to $ 1,455/FEU, equivalent to an increase of 18.49% compared to the previous week and a decrease of 3.06% compared to the previous month, according to Xeneta data.

Asia- US West Coast Freight rate | Week 27/2023Asia- US West Coast Freight rate | Week 27/2023 (Image: Phaata.com)

 

2. Asia - Northern Europe route:

 

The ocean freight from Asia to Northern Europe in the week of 27/2023 continued to decline slightly to $1,205/FEU, down 1.39% from the previous week and down 10.61% from the previous month, according to Xeneta data.

Asia-Northern Europe Freight rate | Week 27/2023

Asia-Northern Europe Freight rate | Week 27/2023 (Image: Phaata.com)

 

3. Northern America - Asia route:

 

The freight rates from North America (West Coast) to Asia in the week of 27/2023 increased by 2.29% compared to the previous week, to 847 USD/FEU. This price decreased by 1.74% compared to the previous month.

US West Coast - Asia Freight rate | Week 27/2023US West Coast - Asia Freight rate | Week 27/2023 (Image: Phaata.com)

 

4. Northern Europe-Asia route:

 

The freight rate from Northern Europe to Asia in the week of 27/2023 fell sharply by 15.40% compared to the previous week, to 390 USD/FEU. This price decreased by 15.58% compared to the previous month.

Northern Europe - Asia Freight rate | Week 27/2023Northern Europe - Asia Freight rate | Week 27/2023 (Image: Phaata.com)

 

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Source: Phaata.com 

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