Middle East: THE Alliance has empty flights this week, with shipping scheduled until the end of the month and CMA CIMEX7 suspended, CIMEX1 will be a CC MUSCA that has been delayed from this week Two weeks and one week, the cabin is very tight. This has led to a shortage of cabin space in the Middle East, and other ship owners have also liquidated their positions early on. If you have light cargo, you can also look for cabin space. It is very difficult to transport large cargo, and the freight rate is on the rise. 12.25 MSC freight rates have been updated. 12.28/1.2 ESL overbooking. 12.28NZL freight rates have not been updated. 12.31MSC freight rates have not been updated. 2025.1.5 ESL freight rates have not been updated, and there is a need to occupy warehouses early. Freight rates have been significantly increased;
India and Pakistan: India and Pakistan continue to push up prices, but cabin space is still tight. As the Chinese New Year approaches, the shipment volume is still very large. Everyone should communicate more when they have goods, and arrange shipping routes for large shipments.
Red Sea: Overtime ships such as CMA PIL CUL at the end of the month have led to a surplus of cabin space in the Red Sea, resulting in a decrease in Red Sea prices. You can pay attention to the Peak direct ships with containers, as the prices are good.
Southeast Asia, Australia, and New Zealand:
The overall freight rates in Southeast Asia are on a downward trend, with slight easing of cabin availability in Ho Chi Minh City in the middle and late December. In the middle and late December, freight rates saw a slight decrease, while in Haiphong, cabin availability was overbooked and prices remained relatively firm. The actual order occupies the cabin space early, and the large ticket is applied for separately.
Thai route: With ample cabin space in the latter half of the year and a downward trend in freight rates, it is possible to accept large tickets, and there are more options for shipping schedules. Bangkok PAT direct ships KMTC&HAL&TSL have two consecutive direct ships on 12.23&12.28, CTX2 on Jinjiang 12.25, and Haifeng arranged VTX5 on 12.25 and CKV2 on 12.27.
Singapore Malaysia route: cabin availability has eased, there are more options, and freight rates continue to decline. It is estimated that the trend will continue to decline in the later period.
Indonesia route: Freight rates have declined, cabin space has slightly eased, and freight rates have significantly decreased by the end of the month. All shipping companies are clamoring for cargo, and large tickets are applying for special prices separately.
Taiwan: Severe inventory explosion, continuous increase in freight rates, and separate application for cabin space before the end of the month.
Philippines: Freight rates continue to decline, Manila is experiencing severe delays, mainly due to port congestion causing serious delays in shipping schedules. Recently, multiple ship owners have cancelled their South Port berthing;
Australia: The market is still tight at the end of the month, and it is expected to maintain the current freight rate;
Latin America, Africa, Japan, and South Korea:
Japan route: December 31, 2024 to May 14, 2025 is the New Year holiday, and only some ships will provide services. The ports of call will be confirmed separately;
Shipowners recommend Zhongtong/Shangang/Antong/Haifeng/Waiyun/Jinjiang Korean routes: The overall market in Busan and Incheon has fallen, and Shangang's subsequent cabin space has been adjusted to the mother ship of Pan Ocean. Incheon may experience a slight increase after New Year's Day
Shipowners recommend ONE/Shangang/Douyu/Datong/Panyang
East Africa: The direct ship from Dar es Salaam will continue to use the price on December 30th, and the price for transshipment is also basically the same. The price for bulk cargo will be applied separately
Ship owner recommends TSL/ESL/IAL/KMTC/ONE/MSC
South Africa: Currently, PIL is trending upwards at the end of the month, while other ship prices are mostly following suit
Ship owner recommends MSC/ZIM/ONE/PIL
West Africa: Ship prices at the end of the month will continue to be used, ship owners recommend ZIM/MSC/ONE
South America West: CMA prices for ships have slightly increased by the end of the month, while MSC ships are expected to increase by $1000 at the beginning of the month. It is recommended that customers prioritize ZIM/YML for light cargo and MSC for small and heavy containers CMA！
Ship owner recommends MSC/WHL/CMA/YML/ZIM
South American East: Currently, there is an overall bullish trend, and CMA prices are still relatively low. There is still a risk of selling goods, and there are container requirements to look at CMA COSCO!
Caribbean: The trend of ship price increases at the beginning of the month is basically synchronized with South America and the West. Recently, the ship prices at the end of the month are relatively suitable. We recommend CMA/ZIM/MSC, ZIM/MSC, and PCS surcharges to be charged normally
Europe: The freight rates for ONE at the beginning of January and at the end of the month have slightly decreased by around 25/50. Currently, ONE freight rates have been updated and are showing a stable state. If you want to solicit cargo, you need to occupy space in advance. Due to the expected new upward trend in January, there will be a risk of overstocking before the end of December. Those who are interested in acquiring cargo can arrange booking in advance. Like Europe, the Mediterranean has limited shipping space and continued strong demand, with January showing a rising trend, expected to increase by 500/1000. Real orders should be booked as soon as possible.
Although ONE has cabin insurance, it is necessary to book the cabin space about ten days in advance to ensure coverage.
