COSCO
SITC
PACIFIC LINES
Wednesday, 07/08/2024, 14:00 (GMT +7)
5294
Ocean Freight Rates Forecast to Fall in 2025
Shanghai container futures trading suggests that ocean freight rates on the Asia-Europe trade could fall in 2025, after appearing to have peaked at present..webp)
On August 5, the EC2408 (August contract) index closed at 5,627 points, while the EC2410 (October contract) closed at 3,585 points, down 3% and 9% respectively from July 29. The EC2504 (April 2025 contract) closed at 1,961 points, while the EC2506 (June 2025 contract) closed at 1,955 points, down 5% and 6% respectively from July 29.
On August 2, the Shanghai Container Freight Index (SCFI) showed that Shanghai-Northern Europe freight rates fell 2% week-on-week to $4,907 per TEU, although this was significantly higher than the $947 per TEU a year ago.
Short-term contracts led the decline last week before longer-term contracts were hit by concerns about a U.S. recession, Linerlytica reported on Aug. 6.
Container Freight Index Futures began trading last August through the Shanghai International Energy Exchange, a unit of the Shanghai Futures Exchange. Paper trades are conducted by shippers, forwarders and shipping lines.
Trading volume is shifting from EC2410 to later contracts, with EC2504 attracting the most market attention.
“Based on the EC2408 and EC2410 latest closing prices, the futures market is pricing in a 4.46% decline each week in the next three weeks to the end of August, to be followed by a 4.49% decline each week in the following nine weeks to the end of October. Rates are expected to continue to fall through 2025, with current EC2506 rates trading at a 68% discount to the SCFIS (Shanghai Containerised Freight Index based on Settled Rates). Sentiment has turned negative despite the rates holding up much better than the Asia-US West Coast and Asia-Mediterranean rates, with carriers’ rate quotations starting to drop in a further indication that rates have peaked.”
Linerlytica said that while futures rates continue to weaken, carriers remain in a strong position as total capacity to Northern Europe remains constrained with the 13-week moving average still down 3.4% year-on-year despite recent new capacity additions.
Actual sailings from Asia remain volatile with port congestion and weather delays causing significant capacity reductions
Source: Phaata.com (via Container-News)
Phaata.com - Vietnam's First International 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
.webp)
_(2).webp)
HOT PROMO
See more
78
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
68
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
56
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
60
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
59
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
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
7
Days Transit
- $300 / 20'GP
Valid till: 2026-01-31
CÔNG TY TNHH SHIP LINK VIỆT NAM
0.4
20
Days Transit
- $815 / 20'GP
- $1,010 / 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
- $1,390 / 20'GP
- $1,760 / 40'GP
- $1,760 / 40'HQ
Valid till: 2026-01-31
SOV（越南海光）
0.1
45
Days Transit
- $3,400 / 40'HQ
Valid till: 2026-02-14
Công ty T&T Global Agency
1.8
16
Days Transit
- $180 / 20'GP
- $520 / 40'GP
- $520 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
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
$75 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- $40 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
30
Days Transit
- $50 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 1.9 $/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 5.3 $/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
2.1
4
Days Direct
- 8.05 $/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 3.7 $/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 2.5 $/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- $7,300 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- $450 / 20'GP
- $600 / 40'GP
- $600 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- $6,710 / 40'GP
- $6,710 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- $1,000 / 20'GP
- $1,000 / 40'GP
- $1,000 / 40'HQ
- $1,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- $706.5 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- $136.44 / 20'GP
- $155.39 / 40'GP
- $155.39 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
1
Day
- $155.39 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
9
Hour
- $570 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- $2,263.3 / 20'GP
- $3,017.73 / 40'GP
- $3,017.73 / 40'HQ
- $3,017.73 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- $169.75 / 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
