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Ocean Booking Market Dynamics Information Ocean Booking Market Dynamics Information

Jul 02, 2024

Shipping market dynamics

China - USA (Trans-Pacific Route)

1, Shipping space continues to be tight, the next two weeks will continue to break the warehouse and dump goods

Some shipping lines have departed American and Western overtime vessels to relieve the pressure of booking backlog

2, following the success of the two rounds of GRI in May, and the market continues to be hot

The shipping company is already planning GRI plans for early June and high season surcharges for long term guests

Individual shipping companies in due course to launch priority stowage premium services

The risk of railway strikes in Canada

The shipping company ensures that the existing capacity is not further affected to the greatest extent possible

Temporarily stop receiving goods from inland points in Canada, and partially adjust the port order

China - Latin America

1, with the arrival of the traditional peak season, the market demand is hot

At the end of May, the space is basically sold out, and the bursting situation is expected to continue until June

2, FAK freight continued to push up the weekly trend

Shipping companies are already planning a new wave of GRI in early June

And successively launched the premium service of priority unloading

3, the Red Sea situation around the arrival of the traditional peak season

Port of destination continues to have different degrees of congestion

Many factors cause the shipping company to delay the return of empty containers

The shortage of containers has further worsened

China - Southeast Asia

1. Booking demand is still strong

It is expected that most shipping companies will be unable to obtain a cabin in the next few weeks

Booking at least 4 weeks in advance is recommended

2. The shipping company has issued an official notice to raise the FAK freight rate again on June 1

At the same time, the premium service of cabin and container protection has been introduced successively

3. The condition of the box continues to be tense

Further affect the shipment arrangement

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