Asia-US container rates rise, could be at peak; liquid chem tanker rates ex-USG tick higher
Rates for shipping containers from east Asia and China to the US were mostly higher this week as carriers continue to manage capacity via blank sailings, while liquid tanker rates ex-US Gulf were steady to higher on tighter available space. CONTAINER RATES Container rates to the US West Coast are between $7,550-8,400/FEU (40-foot equivalent unit) ...
Asia and US container shipping rates climbed this week as carriers continue to manage capacity through unused sailings. Liquid tanker rates ex-US Gulf were steady to higher due to a shortage of available space. Container rates to the US West Coast ranged from $7,550-8,400/FEU while rates to the East Coast were between $9,600-12,000/FEU.
Drewry, a supply chain advisor, expects rates to face downward pressure next week as 10 blank sailings are scheduled for the coming week, down from 13 the previous week. According to Peter Sand, a chief analyst at Xeneta, the market has likely reached its peak post-Hormuz crisis in 2026. Rates are expected to decline as port congestion in Asia eases and national holidays in China reduce exports.
Freightos, an online shipping platform, saw rates rise by 4% to the West Coast and stay flat to the East Coast.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
