Tuesday, June 24, 2025
Home Most Visited - Newsletter Asia-Europe rates gain from Christmas rush

Asia-Europe rates gain from Christmas rush

Gains in Asia-Europe freight rates are likely to be sustained throughout December as shippers rush out goods before Christmas, according to Linerlytica’s latest report, released today (12 December).

On 8 December, the Shanghai Containerised Freight Index showed that Asia-North Europe rates gained 9% to US$925/TEU, while Asia-Mediterranean rates went up by 10% to US$1,387/TEU, marking a second straight week of growth.

Meanwhile, Asia-Europe backhaul sailings and diversions from the Panama Canal are mitigating the impact of record newbuilding deliveries of 2.2 million TEUs this year.

Asia-US East Coast dipped slightly, by US$5, to US$2,441/FEU, while Asia-US West Coast only increased by US$23, to US$1,669/FEU, even though the quota on crossings through the Panama Canal has pushed some Asia-US East Coast sailings to reroute through the Suez or round the Cape of Good Hope.

Linerlytica said, “THE Alliance carriers are paying a heavy price after failing to secure priority passage and have been forced to divert all three of their Panama all-water services to avoid lengthy delays at the Canal. East Coast capacity remains sufficient to meet market demand despite draft restrictions that have limited full container intake for the Panama passage.”


Martina Li
Asia Correspondent





Latest Posts

Maritime Geopolitics is now the market

In the once-quiet engine room of globalization maritime logistics a silent revolution is underway. According to maritime strategist Punit Oza, advances in port productivity have...

Cavotec unveils flexible shore power solution

Cavotec has launched PowerAlign, a new modular and mobile shore power solution purpose-built for container terminals. The unveiling took place at TOC Europe 2025 in...

Latvia and Germany strengthen maritime innovation ties

Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...

Kota Oasis makes inaugural call at Lomé

PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo. Following a successful first stop...

MSC reaches capacity milestone further cementing its position

MSC has crossed a significant milestone, with its total container fleet capacity exceeding 6.6 million TEUs, securing a commanding 20.5% share of the global...
error: Content is protected !!