2024 will be a tumultuous year for the Global shipping market, as the rerouting of shipping companies has reversed the oversupply situation of 2023. Affected by geopolitical factors, the implementation of tariff policies, and extreme weather disrupting the supply chain, ocean freight rates on European routes have fluctuated wildly. Overall, freight rates in 2024 still exhibit seasonal characteristics, but the elasticity between peak and off-peak seasons has increased. Looking ahead to 2025, as the expectations for the Red Sea reopening remain unclear, new and old alliances are in transition, and tariffs from Trump's administration are about to take effect, the uncertainty of container Marine Transportation freight rates is further intensified. It is expected that the fluctuation of European route freight rates in 2025 will be weaker compared to 2024, with the central rate shifting downward compared to 2024, and the central freight rate in the first half of the year is expected to be higher than that in the second half. (Galaxy Futures)
集运年报:新联盟重塑集运格局,地缘与供应链挑战犹存
The shipping annual report: The new alliance reshapes the shipping landscape, geopolitical and supply chain challenges still persist.
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