Container

Container freight markets were mixed over the past week, with continued divergence across the main east–west trades and rates broadly rangebound overall.

On the transpacific, FBX01 (China/East Asia – US West Coast) remained steady week-on-week at $2,814, extending gains seen since early April and sitting $241 above start-month levels. In contrast, FBX03 (China/East Asia – US East Coast) declined by $325 to $4,015, although it remains $536 higher than levels seen prior to recent Iran/US tensions.

Into Europe, FBX11 (China/East Asia – North Europe) edged $22 lower to $2,809. Meanwhile, FBX13 (China/East Asia – Mediterranean) strengthened sharply, rising $480 week-on-week to $3,933, continuing to outperform North Europe.

Overall, the market remains mixed, with stability on the US West Coast, softer conditions into the US East Coast, and stronger momentum on Mediterranean trades amid ongoing regional disruption risks.