16/07/2026
The Containerized Freight Index is currently at 3,184.83 points, reflecting a 6.69% increase over the past month and an 83.74% increase compared to the same period last year.
Ocean Freight Market Update
Global ocean freight rates continue to rise due to ongoing capacity constraints and increased geopolitical tensions. Recent security incidents, including missile strikes on commercial vessels transiting the Strait of Hormuz, have significantly impacted carrier operations, resulting in higher freight costs and risk premiums.
* Asia–Europe Spot Rates:
* Shanghai to Genoa: USD 6,463 per 40-foot container
* Shanghai to Rotterdam: USD 4,933 per 40-foot container
* Carrier FAK Rates:
To manage limited vessel space and minimize schedule disruptions, major carriers such as CMA CGM have introduced Freight All Kinds (FAK) rates ranging from USD 7,000 to USD 8,500 per 40-foot container on Asia–Mediterranean trade lanes.
Not a day goes by without a mention of the Strait of Hormuz, which underlines the importance of the Gulf chokepoint and the ripple effects not only on global supply chains but also on the...
