However, the declines seen this week were flatter than the week before, indicating that carriers have begun to withdraw capacity.
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Market turning in favour of shippers as ocean spots soften
31.01.2026
Container spot freight rates on the Asia-Europe and transpacific trades experienced another week of persistent declines, as pre-Chinese New Year demand continues to weaken
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Source: Lloyd's Loading List
Source: The Loadstar
Source: Freightwaves
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The July 2024 Ocean Freight Market Update highlights the current trends and developments affecting global shipping, with a specific focus on demand, capacity, rates, and regulatory impacts
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