- All
- Market news
- Knowledge
- Brands
- Events
- Freight rates
- Zip code
- Glossary
- Industrial park
Wednesday, 01/03/2023, 06:28 (GMT +7)
Exported container freight rates from Shanghai reduced on all routes
Container freight rates for exports from China continued to decline in the 8th week of the year and fell across the board, although freight capacity was adjusted.
Container freight rates have been on a downward trend for a long time (Photo: Phaata)
According to the Shanghai Container Freight Index (SCFI), a measure of spot rates for container exports out of Shanghai excluding the port handling surcharge (THC), fell 2.9% to 946. .68 points, the index fell for the seventh consecutive week.
On the east-west trade routes, spot rates for containers from Shanghai to Europe fell 3.1% to $882/TEU, having fallen for seven consecutive weeks; and to the Mediterranean, freight rates fell by 1.7% to $1,605/TEU.
Average rates fell 3.1% to $1,234/FEU on the North American west coast, where prices fell for four consecutive weeks, and 4.2% to $2,391/FEU on the east coast, where the average price fell for 38 consecutive weeks.
According to the Japan International Freight Forwarders Association (JIFFA), spot rates for containers from China to the Middle East Gulf on north-south routes fell 4.6 percent to $1,029 per TEU. Prices continued to fall for three consecutive weeks, although prices have been trying to stay above $1,000/TEU since September 2022.
Spot rates fell 6.2% to $346/TEU for exports to Australia and New Zealand. Spot rates to South America remained stable with a slight decrease of 0.1% to $1,507/TEU. However, freight rates are still higher than pre-pandemic prices, ranging from $1,400 to $1,500/TEU. Spot rates for shipments to Africa dropped rapidly.
In addition, intra-Asia spot rates fell 1.5% to $326/TEU on the route to Japan's Kansai region and 1.2% to $336/TEU on the route to the Kanto region of Japan. Container freight rates to Southeast Asia fell 3.7% to $155/TEU, while rates to South Korea fell 1.4% to $208/TEU.
See more:
- Excess empty containers pile up at Chinese ports
- Port of Melbourne begins to decline in container throughput in early 2023
- Port of Los Angeles reduces container volume in January
- Drewry Container Index slips below $2,000 per FEU
Source: Phaata.com (According to Container News)
Phaata - Vietnam's First Global Logistics Marketplace
► Find Better Freight Rates & Logistics Services
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
See more
HOT PROMO
See more
FCL
29 Days
ATLANTIC GATE VIETNAM
1.8
FCL
25 Days
ATLANTIC GATE VIETNAM
1.8
FCL
25 Days
ATLANTIC GATE VIETNAM
1.8
FCL
19 Days
HK GROUP
1.2
LCL
3 Days
Skygroup Logistics (Viet Nam )Co. ,Ltd.
1.8
WHY PHAATA.COM?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find price quickly
and
Send quote request
Compare Quotes
and
Selection
Contact for Further Consultation
and
Send request booking
Get feedback
and
Direct Negotiation
Management
and
Evaluate
Freight rates
Sea freight
5
Days Direct
- ₫3,927,300 / 20'GP
- ₫7,854,600 / 40'GP
- ₫7,854,600 / 40'HQ
Valid till: 2026-02-15
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
7
Days Transit
- ₫7,915,500 / 20'GP
- ₫11,873,250 / 40'GP
- ₫11,873,250 / 40'HQ
Valid till: 2026-02-28
CÔNG TY TNHH SHIP LINK VIỆT NAM
0.4
6
Days Direct
- ₫3,957,750 / 20'GP
Valid till: 2026-02-15
CÔNG TY QUỐC TẾ MEGA
2.7
20
Days Transit
- ₫21,503,775 / 20'GP
- ₫26,648,850 / 40'GP
Valid till: 2026-02-27
Chi nhánh tại Khu vực Bắc Bộ - Công ty TNHH Giao nhận vận chuyển Quốc tế Trường Hải
3
25
Days Direct
- ₫36,557,000 / 20'GP
- ₫46,288,000 / 40'GP
- ₫46,288,000 / 40'HQ
Valid till: 2026-01-31
SOV(越南海光)
0.1
3
Days Direct
- ₫0 /cbm
Valid till: 2026-01-31
WR1 MASTER CONSOL
Verified
2.1
8
Days Direct
- ₫0 /cbm
Valid till: 2026-02-01
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
0.1
19
Days Direct
-
Refund
₫1,978,875 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- ₫1,055,400 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
30
Days Transit
- ₫1,319,250 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 49,438 ₫/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 139,841 ₫/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
1.9
4
Days Direct
- 212,399 ₫/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 97,625 ₫/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 65,963 ₫/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- ₫192,610,500 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- ₫11,236,500 / 20'GP
- ₫14,982,000 / 40'GP
- ₫14,982,000 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- ₫170,836,600 / 40'GP
- ₫170,836,600 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- ₫25,502,000 / 20'GP
- ₫25,502,000 / 40'GP
- ₫25,502,000 / 40'HQ
- ₫25,502,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- ₫17,620,110 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- ₫3,600,000 / 20'GP
- ₫4,100,000 / 40'GP
- ₫4,100,000 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
1
Day
- ₫4,100,000 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
9
Hour
- ₫15,039,450 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- ₫60,000,000 / 20'GP
- ₫80,000,000 / 40'GP
- ₫80,000,000 / 40'HQ
- ₫80,000,000 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- ₫4,500,000 / 40'HQ
Valid till: 2025-09-30
CÔNG TY TNHH LOGISTICS FV
2.5
Request For Quotes
Help you send and receive quotes from Forwarders on the market quickly and efficiently.
See more