Tariff rate

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

An initial surge in freight prices — prompted by ships taking the much longer route around the Cape of Good Hope — petered out in March, yet prices have now surged even higher

The study analyzes the sea freight market by the end of April — beginning of May 2021. It reveals the problems associated with the movement of goods in various regions of the world, highlights the latest developments in the industry and gives a forecast for the next month